Shares in digital sports media provider Perform slumped by more than 50 per cent in London today, wiping off more than £570m from its market capitalisation, after the company warned that its 2013 full year earnings were expected to be significantly below prior expectations due to a poor fourth quarter performance.
Perform said that Q4 is normally the most important quarter for the business, with revenues previously expected to be a third of the company’s annual [...]