Marks & Spencer reports results on Thursday, 10 Jan

• The chart shows the price movement last time Marks & Spencer reported: H1 Results, 7 Nov.
• The shares opened +7.5p (+2.5%), traded as high as +12.5p (+4.1%) and fell as low as -14.5p (-4.8%).
• Shares closed -1.6p (-0.5%), for a daily trading range of 27p or 8.9%.
• Shares currently at 272.7p (at time of writing)
• Shares -20.7% from 2018 highs, +8.6% from 2018 lows, +10.4% year-to-date
• Marks & Spencer issues a Q3 Trading Update on Thursday (10 Jan). Will we see another big move?
• Source: Bloomberg, FT, Reuters, DJ Newswires, AlphaTerminal

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Trading Marks & Spencer – An Example

Let’s say you think that Marks & Spencer results are likely to be good, and the share price is likely to rise. You decide to buy exposure to £10,000 worth of Marks & Spencer using CFDs, at the current price of 272.7p. To do this, you need £2,000.

For the purpose of this example, let’s assume Marks & Spencer reports strong results and the shares rise 10%. Your profit would be £1000, from your initial investment of £2,000.

Conversely, let’s assume you open the above position, and place a stop-loss 5% below the current price. Marks & Spencer results miss, it falls 5% and hits your stop-loss. Your loss would be £500.

This is provided for information purposes only. It should not be taken as a recommendation.