Barratt Developments issues a Trading Update on Wednesday, 10 July

• Last time Barratt Developments reported: Trading Statement, 9 May.
• The shares rose as much as 2.9% on the day for a daily range of  2.9%.
• Shares -9.2% from 2019 highs; +26.5% from 2019 lows; +23.2% year-to-date.
• Currently 570p (at time of writing).
• Will we see another big share price move on Wednesday?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Barratt Developments – An Example

Let’s say you think that Barratt results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Barratt using CFDs, at the current price of 570p. To do this, you need £2,000.

For the purpose of this example, let’s assume Barratt reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.

Conversely, let’s assume you open the position, and place a stop-loss 3% below the current price. Barratt results miss, it falls 3% and hits your stop-loss. Your loss would be £300.

This is provided for information purposes only. It should not be taken as a recommendation.