Business
iCandy (ASX:ICI) share price sinks despite positive update to ASX
The iCandy Interactive Ltd (ASX: ICI) share price is backtracking in mid-morning trade. This comes despite the company announcing the successful completion of a trial for its new Claw Stars game.
At the time of writing, the games and digital entertainment company’s shares are fetching for 9.4 cents, down 6%.
Strong results from trial
Investors appear unfazed by the company’s latest update, sending iCandy shares lower.
In its announcement, iCandy advised that throughout the early-trialling of Claw Stars, its studio team were receiving feedback from gamers. In response, iCandy’s developers made changes to the game-play and mechanics, learning from past experience with Masketeers.
As a result, Claw Stars recorded the highest…
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