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Coronavirus impact: 23 July - anti viral boost sees shares of this small company soar

Symphony Environmental Technologies

It was a big day of good news from UK small caps, including positive antiviral test results for a developer of biodegradable plastic solutions which saw its shares double in the day.


Gear4music: strong trading continues

Gear4music (LON:G4M), the online retailer of musical instruments and music equipment, confirmed an exceptionally strong period trading in the first quarter to the end of June, boosted by the lockdown.

Sales rose 68% to £37.3m, with an 80% rise in the UK and 55% from international markets. The momentum has continued into July, with higher gross margins (a key concern for this business) and lower marketing costs than they would typically expect. As…

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