Pumpkin Patch shares extend slump, down 9% in trading

Wed, 01 Jun 2016

By Edwin Mitson June 1 (BusinessDesk) - Shares in the struggling childrenswear retailer Pumpkin Patch have dropped by 9 percent in trading, following similar sharp falls last week. They dropped to as low as 6 cents a share at 2pm, before recovering to 6.1 cents. They've fallen by as much as 27 percent since May 23 when they were valued at 8.3 cents a share. Pumpkin Patch last updated the market on April 20 when it published its interim report showing a fall in sales. It has a current market value of $10.3 million, but net debt at the...

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