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AIM WINNERS & LOSERS: Minds + Machines up on USD120 million asset sale

Thu, 8th Apr 2021 11:24

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



AIM - WINNERS



Minds + Machines, up 63% at 7.5 pence, 12-month range 3.23p-8.38p. The operator of internet top-level domains says it is to sell a majority of its assets to Registry Services, an affiliate of GoDaddy, for USD120 million cash.



Distil, up 21%, at 3.15p, 12-month range 0.75p-3.20p. The distiller says it has launched RedLeg Tropical Rum, the third flavour extension to the RedLeg Rum brand.



Cambridge Cognition, up 20% at 118p, 12-month range 18.80p-124p. The Cambridge, England-based neuroscience technology wins GBP500,000 contract with a new pharmaceutical client to provide cognitive assessments in an at-home clinical trial.



AIM - LOSERS



ASOS, down 2.2% at 5,672.00p, 12-month range 1,755.30p-5,994.95p. The online fashion retailer

says half sales rose by almost a quarter, but is cautious over its near term outlook. In the six months to February 28, revenue rose 24% to GBP1.98 billion from GBP1.60 billion a year earlier. The measure includes other items such as delivery receipts and third party revenue. Says it is "well-positioned" though it is "retaining caution on near term consumer outlook" due to the timing of Covid-19 restrictions being lifted, as well as the possibility of future peaks of the virus.



By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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