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Screenshot of a breaking news alert e-mail from Q2 2017
Quick update on FXCM Inc (NYSE:FXCM) as we head toward the US stock market open in just a few minutes.
FXCM shares have been trading fairly actively in the premarket this morning US time. Early indications were that FXCM would open in the $2.50-$3.00 range. However FXCM’s share price has continued to slide as we head toward the open, now (09:25 ET) at about $1.47.
More background on FXCM’s share price movement over the past week is available here.
And for more on the $300 million lifeline provided by Leucadia to FXCM click here.
We’ll continue to cover this story as it develops. Should be an interesting day of trading in FXCM shares.