Games Workshop share price takes a hammering

Shares in Nottingham-based fantasy game producer and retailer Games Workshop took a nosedive today after the firm said it was closing all its retail outlets and factory.

Prices were down by £4 this afternoon, with almost 10% wiped off the value of the company. As we went to press, shares were trading at just outside £39 each.

A statement from the firm on Tuesday morning said: “In response to official guidance announced today in both the UK and US, we will be temporarily closing globally all of our stores, headquarters, factory and warehouses with immediate effect. Where possible, our staff will continue to work from home. Our priority is the health and wellbeing of our staff, their families and our customers.

“As the situation develops, we will provide an update on the possible impact of these necessary actions on the Group’s performance for the year to 31 May 2020 and going forward.”