Shares of retail forex broker Gain Capital (NYSE:GCAP) were up as much as 27% in early trading Friday following the company's release of Q3 results (which included record quarterly revenues of $103 million), and of course the company's acquisition of leading UK spreadbetting and CFDs/FX broker City Index. We believe that most of the move…
Read moreTough week for Gain Capital (NYSE:GCAP). After GCAP reported Q2 results which were below expectations, including a $5.2 million loss on revenues which were down 14% from Q1 ($69.7 million versus $81.4 million), Gain shares promptly dropped 5%, closing (Tuesday) at a new 52 week low. of $6.31. The damage continued Wednesday, with various Wall…
Read moreShares of retail forex broker Gain Capital (NYSE:GCAP) fell as much as 10% during trading on Tuesday, dropping briefly below the $6 level for the first time since 2013. (As at the time of writing they were sitting at $6.16, down 7% on the day). Gain Capital, which operates the Forex.com brand, went public in…
Read moreGain Capital (NYSE:GCAP) shares down to an eleven-month low, FXCM isn't far behind. Have analysts realized that these should be considered 'defensive' stocks?
Read moreQuick follow-up to our coverage yesterday of Gain Capital and FXCM's Q1 results announcements. Seems as though investors were not impressed with the revenue declines and barely-there Q1 profits of both Forex.com's parent company Gain Capital, as well as rival FXCM. Gain Capital (NYSE:GCAP) is trading down about 16% today, sending its shares to below its IPO…
Read moreFebruary's decremental performance compared with that of January still generated an upturn in the value of GAIN Capital shares Despite GAIN Capital's overall decrement in trading volumes during February compared with the previous month's results, the company's share price (NYSE:GCAP) has made a step in the other direction, depicting a 6% increase since close of…
Read moreCost optimization related to the GFT acquisition is key to future share price developments In the aftermath of its Q4 earnings report, shares of publicly traded retail and institutional forex broker GAIN Capital (NYSE:GCAP) have soared more than 12% as investors appeared confident in the company’s ability to optimize its cost structure to successfully integrate…
Read moreGain Capital (Forex.com) shares are now down 48% from their late September peak. The problem? Retail volumes. What goes up sometimes come down... A quick look at the stock market ticker reveals a very tough week for shares of retail forex brokers, culminating with yesterday's deep dip. Gain Capital shares (NYSE:GCAP) fell 9% Thursday, completing…
Read moreGCAP shares are still up 156% so far in 2013. Forex broker Gain Capital (NYSE:GCAP), which operates the retail Forex.com and institutional Gain GTX brands, saw its shares dive by 7% on Thursday after announcing Q3 results that were down significantly from Q2. We'd like to note that virtually all the forex industry blogs we…
Read moreForex.com's parent company shares are up 195% so far in 2013. Wall Street continues to be enamored with the retail forex sector. Just one week after we reported that Gain Capital shares had closed above $11 a share the first time -- and just two weeks after GCAP first hit $10 -- Gain Capital shares have…
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