Shares in CMC Markets PLC (LSE:CMCX) fell 13% on the back of interim results as the trading and investment platform kept guidance unchanged.
The stock had risen in the run-up to the results, with analysts saying investors seemed to be anticipating upgrades.
CMC reported a strong first half to 30 September, with adjusted profit before tax in line with guidance at £49.6 million and a dividend of 3.1p was declared, up from 1% a year ago in line with the policy to pay out 50% of earnings.
Chief executive Peter Cruddas flagged new partnerships with Revolut and ASB Bank, which he said highlight moves in the B2B space and a diversified product offering,