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Coronavirus impact: 20 May - Boohoo founders spot an opportunity

20/05/2020 · ACM Shipping (ACMG)  · Avacta Group (AVCT)  · Bango   · Codemasters Group Holdings PLC (CDM)  · Creo Medical Group PLC (CREO)  · Frontier Developments (FDEV)  · Gfinity PLC (GFIN)  · IXICO PLC (IXI)  · Judges Scientific (JDG) 

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Frontier Developments Planet Coaster

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 highs

The 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…

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