Just When You Thought It Was Over

25 1
Not out of the woods yet, but has this limbo dance has finally taken a break ?

» FXCM Inc (NYSE:FXCM) announced today that it is selling its Japan-based arm to Rakuten Securities for approximately $62 million
» First-quarter net income quadrupled to $374.4 million, or 99 cents a share, as net revenue climbed 8.2 percent to $3.18 billion, including the unrealized returns on its FXCM investment, Leucadia said in the statement.
Actually, there was a Positive Sentiment turnaround, right up until that Lawsuit against FXCM.
Then it crashed down to 75c or so.
More recently, they split their stock 1:10 to raise the share price.
So, the worst may have appeared to have been Over, but one little Class Action Lawsuit can cause a Huge change.
Ah, well...
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