Shares in former stock market darling Cupid have plunged by more than 40% today as the Edinburgh-based internet dating company was again mired in allegations about the way it entices customers to subscribe.
Stock in the company co-founded by Scottish entrepreneur Bill Dobbie was changing hands for as little as 65p.
This is just a whisker above the company’s 60p flotation price in 2010 and little more than a quarter of the 250p they were trading at six months ago.
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