Skip to main content

SCi stock drops 17% on Warner Bros funding news

The VG247 logo in white on a red background
Image credit: VG247

SCi's stock dropped 17 percent this morning after the company announced that Warner Bros was to invest £15 million in its stock.

The announcement, which also included a significant SCi share purchase by Warner Bros, as well as a new share placement at 35 pence per share, failed to stimulate the company's stock, which has fallen from 520 pence last July to 46.5 pence at the time of writing.

More on GI.

Read this next