Frontier’s share price dived 40% following disappointing F1 Manager 2022 sales.
’ share price plummeted by over 40% on Monday after the company issued a disappointing trading update.
“Player engagement at release in August 2022 and during the initial period after release was strong, and broadly in-line with original expectations,” it said. “The performance of Frontier’s existing internally developed games which released before June 2022, namely Elite Dangerous, Planet Coaster, Jurassic World Evolution 1, Jurassic World Evolution 2 and Planet Zoo, was in-line with expectations during H1 FY23,” Frontier said.
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