Perform Group shares slide 17% in two days after profits warning

Perform2Prime Markets has labelled Perform Group as a ‘sell’ following the digital sports media firm’s profit warning on Thursday. The FTSE 250 company’s share price was down more that 17% over the 2 days since the release of the RNS which included a profits warning.

Two days of sliding share price followed Q3 IMS from Perform Group where revenues were reported up 31% to £51.8 million year on year.

For the IMS for Q3 2013 click Perform

Comment on Perform click FT