Cupid advances on trading update and rumour dismissal

Shares in dating website Cupid rose sharply on Monday morning after the AIM-listed company issued a trading update and responded to recent market speculation relating to its business model.

Shares in dating website Cupid rose sharply on Monday morning after the AIM-listed company issued a trading update and responded to recent market speculation relating to its business model.

The group reported that trading "is ahead of where the business was at this time last year".

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