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Mortgage Advice Bureau tumbles after it cuts profit expectations as mortgage market weakens

Source: proactiveinvestors.com

Corporate Guidance & OutlookCompany FundamentalsHousing & Real Estate
Mortgage Advice Bureau tumbles after it cuts profit expectations as mortgage market weakens

Mortgage Advice Bureau shares fell 19% to 399p in morning trading after the company cut its 2026 profit expectations. The downgrade reflects a weaker-than-anticipated recovery outlook and is likely to pressure investor confidence in the mortgage-advice group.

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