SMALL CAP MOVERS: Game developer Frontier Developments
Frontier spiked to a year-to-date high after Shore Capital upgraded its stock recommendation from a hold to a buy.
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Frontier spiked to a year-to-date high after Shore Capital upgraded its stock recommendation from a hold to a buy.
Cambridge’s AIM-listed video games developer Frontier Developments plc has published a three month trading update highlighting the company’s improving cash position and also the sale of the publishing rights for RollerCoaster Tycoon 3 to Atari.
RollerCoaster Tycoon 3 has been on quite the ride.
Analysts at ShoreCap upgraded their recommendation for shares of Frontier Developments from 'hold' to 'buy', citing the shares' valuation and progress on its shift back to its core strength.
Atari is celebrating the 25th anniversary of RollerCoaster Tycoon with a host of new merchandise that will likely please fans. In celebration of this…