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(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.
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AIM - WINNERS
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eve Sleep PLC, up 91% at 3.35 pence, 12-month range 1.60p-7.60p. The mattress retailer has entered into a partnership with sofa retailer DFS Furniture PLC. The partnership will initially cover the dfs.co.uk website, which brings in 2.7 million visitors every month, from March 3. Later in the year, eve Sleep products including mattresses and bed frames will be available in the DFS showroom estate. The range will be expanded "at a later date". DFS shares are down 1.6%.
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Genedrive PLC, up 22% at 17.70p, 12-month range 14.00p-157.90p. The molecular diagnostics company says it has entered into several distribution agreements for its rapid Covid-19 test-kit, covering Spain, Portugal, Oman and the United Arab Emirates
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AIM - LOSERS
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Peel Hunt Ltd, down 16% at 149.00p, 12-month range 148.00p-235.00p. The corporate broker and investment bank issues profit warning saying concerns pertaining to inflation and interest rates as well as global geopolitical tensions have dented market conditions and investor sentiment. As such, Peel Hunt says it has seen a number of deals delayed and capital markets activity early in 2022 has been "particularly challenging". Peel Hunt expects annual revenue to be marginally below bottom of previous guided range and earnings will be "commensurately lower than current market expectations".
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By Arvind Bhunjun; arvindbhunjun@alliancenews.com
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