IT firms lead the laggards among AIM companies
Saturday 15 November 1997
Multi-media and information technology companies dominate the list of worst-performing companies on the Alternative Investment Market (AIM). According to figures compiled by Datastream and ICV , the poorest performers since AIM was launched in June 1995 have been Omnimedia, a multimedia group, and First Technology, a media company, which both recorded a 98 per cent decline in their share price. Other poor performers included Clubpartners International, a golf course operator (minus 94 per cent) and Hansom, a taxicab dealership (minus 89 per cent). The best performer has been Westmont Energy, an oil company whose shares have soared from 15p to 138.5p, a rise of 823 per cent. Other high flyers were Abacus Recruitment (plus 647 per cent) and Celtic Football Club (plus 320 per cent).
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