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Cupid shares rising by 7%

SHARES in Cupid soared 7% after a Guernsey-based fund raised its stake in the online dating company to more than 4%.

Meanwhile, Kestrel Opportunities purchased a further 300,000 shares in the Edinburgh firm taking its holding to over 3.37 million. The price paid by Kestrel was not revealed but the stock closed up 4.25p to 62p.

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