Will Man Group continue falling, or will it recover this week’s 141p highs?

• Man Group shares -4.4% today after results, shares – 13.6% from Jan highs.
• Funds under management fell in 2018, pre-tax profit -34%.
• Asset management company cut is final dividend -2.8% from last year.
• Now trades 132p (at time of writing).
• Shares -11.7% from 2019 highs; +2.2% from 2019 lows; -0.4% year-to-date.
• Can the stock recover to recent highs?
• Source: Dow Jones, Bloomberg, FT, Company News, AlphaTerminal

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Trading Man Group – An Example

Let’s say you feel that the stock is a bargain and you think could bounce back towards 141p. You decide to buy exposure to £10,000 worth of Man Group using a CFD, at the current price of 132p. To do this, you need £2,000.

Let’s assume Man Group recovers back to this week’s 141p highs (+6.8%). Your profit would be £680, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss at 3% from the current price. Man Group 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.