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CategoryIGG

IG Group – Battered by the FCA, is the share price fall overdone or more pain to come?

IG Group (IGG) had delivered 600% growth for those shareholders who got in at the IPO in 2005, this compared to 40% for the FTSE100 over the same period. Disaster struck though earlier this month with the shares down almost 45% to 441p in the month of December so far, this being some way off their record high of 967p, set earlier this year. In this article I consider whether the the sell off is overdone or whether investors should start to think about catching a falling knife?

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