STOCK WATCH

SHARES in digital content company Immedia dived after contract delays and weak trading in December had caused losses to widen.

There were delays in projects due to start towards the end of 2017 and recent acquisition AVC Media had not done as well as it had hoped. Delays will result in a £600,000 loss for the year to the end of December – up from the £184,372 loss it reported in 2016.

It claimed the poor performance was temporary but shares fell 28.6pc, or 9p, to 22.5p.