Daily Sport shares fall as relaunch is an ABC flop

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Shares in Daily Sport publisher Sport Media Group fell 9.5 per cent yesterday, after the company gave an advance warning that the paper’s relaunch had led to a sharp decline in circulation.

Daily Sport sales were down 10.5 per cent month on month to around 84,000 in May.

Shares closed down 2p to 19p. The company floated last September at 75p.

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