Daily Mail

STOCK WATCH

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SHARES in wireless network provider Cyan Connode fell 13pc after its posted steep losses for 2017.

The Aim-listed firm, which gets smart devices talking to each other, reported an £11.1m loss last year, worse than the £7.9m loss the year before. Revenue dipped 35.7pc to just under £1.2m.

It also revealed a £2.4m deal with Indian conglomera­te Larsen & Toubro to supply software for smart meters.

Shares plunged 13.3pc, or 1.5p, to 9.75p.

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