Shares in Cupid.com crash hard

Shares in former stock market darling Cupid.com 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.

Cupid.com confirmed to investors that it employed a “motivation team” of 24 people. But it insisted that it does not communicate with members operating under free access.

Published on March 27, 2013