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AIM WINNERS & LOSERS: MySale returns more Frasers-driven gains

22nd Jul 2022 11:01

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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AIM - WINNERS

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eve Sleep PLC, up 18% at 0.94 pence, 12-month range 0.52p-4.30p. Shares in the mattress retailer recover from a 14% share price slide on Thursday, when it reported a 17% year-on-year interim revenue slide.

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AIM - LOSERS

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Quiz PLC, down 7.6% at 10.28p, 12-month range 0.085p-10.82p. Shares in the Glasgow-based fashion brand following another poor UK retail sales reading. According to the Office for National Statistics, UK retail sales volumes fell 5.8% annually in June, worsening from a 4.7% decline in May. The figure was worse than the FXStreet-cited market consensus of a smaller 5.3% fall.

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MySale Group PLC, down 11% at 2.49p, 12-month range 0.010p-2.73p. Shares in the Australian-based fashion marketplace slide again but remain firmly ahead of where they sat on June 29, the trading day before Sports Direct owner Frasers Group PLC said it acquired a 28.7% holding. Shares grew more than three-fold between June 30 and July 4, though the stock has given back 39% since then.

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Mirriad Advertising PLC, down 42% at 8.50p, 12-month range 7.60p-45.00p. The in-content advertising technology firm says it expects revenue in 2022 to be "flat year-on-year" at roughly GBP2 million due to weaker market conditions in China. First half revenue roughly halves to GBP577,000 from GBP1.1 million.

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Unbound Group PLC, down 43% at 12.65p, 12-month range 12.10p-624.00p. The London-based footwear company, formerly known as Electra Private Equity, closes an accelerated bookbuild for a GBP3.3 million fundraise. On Thursday, it proposed a placing of 20.8 million new shares at 15p each, as well as a subscription for 1.2 million shares at the same price.

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By Eric Cunha; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


Related Shares:

UBG.LEVE.LQuizMYSL.LFrasers Group
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