STOCK WATCH

A CONTRACT win with a ‘global’ car and truck manuf acturer was not enough to drive software company Wandisco out of the doldrums.

The group said it had been building its relationship with cloud computing giants, but its revenue for the first half of the year was still down from £7.4m to £5m. It also s wung from a £0.2m profit to a £4.5m loss, though it said the £152,000 contract should grow to be in the ‘multi-millions’.

Shares slipped 13.1pc, or 86p, to 570p.