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Good day for the AIM innovators

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Contract awards and an encouraging trading update saw shares in two AIM innovators covered here rise sharply. Both companies are addressing huge global markets with significant potential. Elsewhere, a popular UK wine retailer is struggling to differentiate itself from the pack. Read on for more on these and other stories. (Free to read)

Virgin Wines: plenty of headwinds

Shares in online wine retailer Virgin Wines (AIM: VINO), took a beating following a disappointing trading update – we covered the IPO of this business previously here.

Revenue for the 6 months ending 31 December rose 55% to £40.5m, with customers on its flagship WineBank service performing ahead of expectations.

VINO’s subscription schemes are a key driver of its direct-to-consumer sales channel, which represented 82%…

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