CMC Markets Reports 45% Revenue Growth in H1 2025

CMC Markets 18% Surge – Cost-Cutting Ignite Investor Confidence

In a surprising turn of events, UK-based online brokerage firm CMC Markets experienced a substantial 18% surge in its shares on Monday following the announcement of a strategic cost-cutting initiative. The company revealed plans to implement layoffs affecting approximately 200 employees, which accounts for roughly 17% of CMC’s global workforce.

The news had an immediate impact on CMC’s stock performance. The shares opened slightly higher than the previous Friday’s closing price of 132.8p, starting at around 138p. As trading progressed throughout the day, the stock continued to climb, ultimately closing at 157p—an impressive increase of more than 18%.

This closing price marks a significant milestone for CMC, representing its highest share value in over six months since mid-July 2023. Despite this positive development, the current share price remains below the company’s 52-week high of 254p, which was in the first quarter of 2023.

CMC Markets Shares 18% Surge – Cost-Cutting Plan and Workforce Reduction

This notable uptick in CMC’s share price represents the second double-digit percentage jump observed in a single day in 2024. The earlier surge occurred in early January when CMC hinted at improved revenues for the second half of fiscal year 2024 (October 2023 through March 2024), prompting a share price increase of more than 20%. The latest announcement further bolsters investor confidence, as it suggests that the anticipated revenue growth may positively impact the company’s bottom line, particularly as the cost-cutting measures are implemented.

CMC Markets confirmed that the planned global layoffs would result in a one-time charge to earnings amounting to £2.5 million. However, the cost reduction is going to yield annual savings of approximately £21 million, effectively streamlining the company’s expense base.

Investors appear optimistic about CMC’s strategic moves, driving the share price to new heights and signaling a potential positive trajectory for the company in the coming months.

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