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Frontier Developments shares drop 42% on weak F1 Manager 2022 sales

Summarized by: Live Sports Direct
 
Frontier Developments shares drop 42% on weak F1 Manager 2022 sales

Frontier Developments shares drop 42% on January 9 due to weak F1 Manager 2022 sales. The company lowered its financial outlook for the current fiscal year and for FY 2023 ending May 31, 2022. Frontier plans to develop new titles and build a successful franchise. It is betting on new games like Warhammer Age of Sigmar and F 1 Manager 20 23. Its back catalog includes titles such as Jurassic World Evolution, Elite Dangerous, and Planet Zoo.

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