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Chill Brands’ Shares Rallied 18.8% on WHSmith Distribution Deal

The Chill Brands Group PLC (LON: CHLL) share price rallied 18.8% after announcing that it had signed a distribution agreement with WHSmith to have its products sold by the UK retailer operating 1,700 stores worldwide.

Simon Mugo
Metro Bank’s Share Price Surged 27.9% on New Capital Package

The Metro Bank Holdings PLC (LON: MTRO) share price surged 27.9% after announcing that it had completed a successful capital package. The company had raised capital worth £325 million and a further £600 million in Debt Refina

Simon Mugo
SDC: SmileDirectClub Stock Price Fell Heavily on Bankruptcy Filing

The SmileDirectClub Inc (NASDAQ: SDC) stock price fell 61.18% yesterday after filing for Chapter 11 bankruptcy protection and securing $20 million in debtor-in-financing funding from its founders to remain afloat as it engage

Simon Mugo
Aviva Shares Surged 9.45% Amid Foreign Firm Takeover Rumours

The Aviva plc (LON: AV) share price surged 9.45% after a report by the UK Times magazine indicated that a foreign firm could acquire the insurance company. The report did not give much details but was attributed to “market ch

Simon Mugo
Birkenstock IPO: Will the IPO Perform Better Than Recent Ones?

The much-awaited Birkenstock IPO is finally here with us as the sandal-maker prepares to list on the New York Stock Exchange (NYSE) next week. The company is expected to sell 32 million shares priced between $44 and $49 apiec

Simon Mugo
USDCAD Falls As the Canadian Dollar Rallies Against the US Dollar

The USDCAD currency pair was trading down over 28 pips as the US dollar fell against the Canadian dollar following the release of the US nonfarm payrolls. The US nonfarm payrolls came in at 336,000 new jobs compared to analys

Simon Mugo
Rivian Stock Price Extends Losses on Plans for a $1.5Bn Green Bond

The Rivian Automotive Inc (NASDAQ: RIVN) stock price extended its losses today. It was trading down over 2.50% as investors continued reacting to news that the company was planning to issue a $1.5 billion green convertible bo

Simon Mugo
Tesla Stock Fell Amid Further Price Cuts To Boost Its Q4 Deliveries

The Tesla Inc (NASDQ: TSLA) stock price fell 1.45% after announcing a new series of price cuts on the Model 3 and Y to meet its ambitious goal of delivering 476,000 vehicles in Q4 2023 to meet its annual target of delivering

Simon Mugo
Newmont (NEM) Shares Edged Higher on Newcrest Regulatory Approvals

The Newmont Corporation (NYSE: NEM) share price edged 0.80% higher after Newcrest Mining announced that it had received all the regulatory approvals required for its acquisition to proceed. Newmont wants to acquire Newcrest M

Simon Mugo
Haleon Share Price Fell 2.22% on the $1.1 Billion GSK Stake Sale

The HALEON PLC (LON: HLN) share price fell 2.22% after GSK announced that it had sold about a quarter of its stake in the consumer healthcare company for a total of £886 million ($1.1 billion). GSK sold 270 million shares at

Simon Mugo
Quartix (QTX) Share Price Plunged 32.8% on Latest Trading Update

The Quartix Technologies PLC (LON: QTX) share price plunged 32.75% after issuing a trading update regarding the milestones achieved by the company, including the return of its founder and former CEO, Andy Walters, as the comp

Simon Mugo
Avacta Shares Rose 2.2% on an Upcoming Conference Presentation

The Avacta Group Plc (LON: AVCT) share price rose 2.2% after announcing that it would be presenting promising new data from the pre|CISIONTM  and Affimer® platform assets at the AACR-NCI-EORTC International Confere

Simon Mugo
Ramsdens (RFX) Shares Rallied 7.95% on a Pre-Close Statement

The Ramsdens Holdings PLC (LON: RFX) share price rallied 7.95% after announcing its pre-close trading update for the year ended 30 September 2023, also known as fiscal year 2023. The Group noted that it had traded well during

Simon Mugo
Argo Blockchain Shares Edged 3.03% Higher on September Update

The Argo Blockchain PLC (LON: ARB) share price edged 3.03% higher after releasing its September update, where it mined 136 Bitcoin or Bitcoin Equivalents (BTC) or 4.5 BTC daily compared to the 105 BTC mined in August.

Simon Mugo
Predator Oil & Gas (PRD) Shares Rose 4.74% on Operations Update

The Predator Oil & Gas Holdings PLC (LON: PRD) share price rose 4.74% after issuing an update on its gas offtake, development financing and rigless testing. Some of the report’s highlights included that the company has co

Simon Mugo
Meta Stock Price Fell 0.3% Amid Layoffs at Its Metaverse Division

The Meta Platforms Inc (NASDAQ: META) stock price fell 0.30% during premarket trading after news emerged that the tech company would be laying off workers later today, according to an exclusive report by Reuters.

Simon Mugo
Intel Stock Price Rose 2.47% on Plans To Spin Off Another Unit

The Intel Corporation (NASDAQ: INTC) stock price edged 2.47% higher after announcing plans to operate its programmable chips unit as a standalone entity. The company expects to spin off the unit starting in January 2024 and h

Simon Mugo
Vertu Motors’ Share Price Rose 2.83% on Interim H1 2024 Results

The Vertu Motors Plc (LON: VTU) share price rose 2.83% after releasing its unaudited interim results for the six months ended 31 August 2023. The company revealed that it had delivered its strategy of growing through a franch

Simon Mugo
Tesco Shares Edged 2.88% Higher on Upbeat Interim H1 Results

The Tesco PLC (LON: TSCO) share price edged 2.88% higher after releasing its interim results for the first half of its 2023/2024 financial year (H1 results). The retailer recorded an 8.9% increase in revenues to £30,749 milli

Simon Mugo
SSE Share Price Traded Sideways on Mixed Interim H1 Results

The SSE PLC (LON: SSE) share price traded sideways, alternating between losses and gains after the company released an update about its performance during the six months ended 30 September 2023. The report was mixed, which ex

Simon Mugo
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