Coronavirus impact: 20 May - Boohoo founders spot an opportunity
The Covid-19 induced lockdown continues to be great news for the video gaming industry with the share price of one high profile AIM group soaring to new highs and another announcing a major Esports deal
Frontier Developments: soars to new highsThe shares price of Frontier Developments (LON:FDEV), the Cambridge based developer and publisher of videogames, soared to new highs following its latest update for the year ending 31 May 2020. Due to increased demand for its games over the lockdowns operating profit is now anticipated to be materially ahead of the top of the previous guidance range of £11-13m, with revenues also above the top of the previous guidance range of £65-73m. All four of the group’s games, Elite Dangerous, Planet Coaster, Jurassic World Evolution and Planet Zoo, have each provided significant revenue contributions through…