Purple sees red as Easy Equities investors bail
Group warns of annual loss as trading volumes slump on its trading platform designed for small investors
Purple, the owner of EasyEquities, has warned it will report a loss for the year to end-August, largely as a result of plunging activity on its share-trading platform.
Purple’s share price dropped by as much as 9.5% to 57c after issuing a trading statement for the 12 months to end-August on Thursday, though it pared the losses to 1.59%, closing at 62c on Thursday...
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