UK's Rightmove slumps 22%, bottoms FTSE 100 on 2026 profit outlook

Rightmove

07/11/2025 08:33

** Shares of Rightmove RMV.L down 22.5% at 508.4p, their lowest since November 2023

** Stock is top loser in FTSE 100 index .FTSE

** Co expects 2026 underlying operating profit growth of 3% to 5%, weighed down by investments in AI sector

** Expects to invest 18 million pounds ($24.16 million) in 2026

** RMV expects 2026 revenue growth of 8%-10%

** Co reaffirms 2025 outlook initially provided during its interim results in July

** YTD, stock down ~24.24%

($1 = 0.7451 pounds)

 (Reporting by Rishab Shaju in Bengaluru)

 ((Rishab.shaju@thomsonreuters.com ; +91 9048142177))