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Boohoo Share Price Rose 8.3% After Frasers Bought More Shares

The Boohoo Group PLC (LON: BOO) share price rose 8.29% after news emerged that Mike Ashley’s Frasers Group had increased its shareholding in Boohoo, raising its stake from 9.1% to 10.4% on Thursday, 31 August 2023.

Simon Mugo
Ocado Shares Have Risen 142.8% in 3 Months. Will It Continue?

The Ocado Group PLC (LON: OCDO) share price has risen 142.77% in the past three months as investor sentiment towards the UK grocery retail technology provider improved. The question on most investors' minds is whether the ral

Simon Mugo
Why Verditek Share Price Plunged 30.7% on a £500K Capital Raise

The Verditek PLC (LON: VDTK) share price plunged 30.7% after announcing that it had raised £500,000 via a subscription of 111,111,111 ordinary shares priced at 0.45 pence per ordinary share. The company expects to receive the

Simon Mugo
GBPUSD Trades Lower As the US Dollar Rallies Against the Pound

The GBPUSD currency pair was trading down over 40 pips as the US dollar rallied against the Sterling pound, which fell after the Bank of England (BoE) Chief Economist Huw Pill delivered a hawkish commentary regarding future r

Simon Mugo
Tilray (TLRY) Stock Price Rose 10.8% on DEA Cannabis Review

The Tilray Brands Inc (NASDAQ: TLRY) stock price rose 10.83% yesterday and was up 3.38% during premarket trading after news broke that the Drug Enforcement Agency (DEA) was considering whether it should reclassify marijuana a

Simon Mugo
Glencore Share Price Dropped 5.35% on Fund Managers’ Lawsuit

The Glencore PLC (LON: GLEN) share price dropped 5.35% after almost 200 investment funds filed claims against the company with the UK High Court alleging that they suffered material losses from the company’s untrue statement

Simon Mugo
Union Jack Oil (UJO) Shares Fell 8.63% on Ops Update, Sentiment

The Union Jack Oil PLC (LON: UJO) share price fell 8.63% after issuing an update about its Wressle oil field located in onshore UK. The company revealed that it had decided to install a downhole jet pump and associated surfac

Simon Mugo
ImmuPharma (IMM) Shares Plunged 16.7% on £1.35M Capital Raise

The ImmuPharma PLC (LON: IMM) share price plunged 16.7% after announcing plans to raise £1.35 million via a share subscription, issuing 67,500,000 new ordinary shares priced at 2p each. The adverse reaction from shareholders

Simon Mugo
Helium One (HE1) Shares Rose 4.3% on Rukwa Operations Update

The Helium One Global Ltd (LON: HE1) share price rose 4.26% after an operations update regarding progress at its 100%-owned Rukwa helium project in Tanzania. The company revealed that it had fully appointed an experienced dri

Simon Mugo
Aravive (ARAV) Stock Rallied 22% on Renewed Investor Interest

The Aravive Inc (NASDAQ: ARAV) stock price rallied 21.97% despite the company's lack of significant news releases. The lack of news from the company leads us to believe that the renewed investor interest in the company since

Simon Mugo
AgileThought (AGIL) Stock Surged 117% Amid Bankruptcy Filing

The AgileThought Inc (NASDAQ: AGIL) stock price surged 117.03% as of 7:35 EST, a day after the company announced that it was filing for a 90-day Chapter 11 bankruptcy restructuring of its business to emerge as a much stronger

Simon Mugo
Challenger Energy (CEG) Shares Dropped 17.6% on a £3.3M Loan

The Challenger Energy Group PLC (LON: CEG) share price fell 17.64% after announcing that it had secured a £3.3 million convertible loan note funding facility with a UK-based alternative asset management and investment firm.

Simon Mugo
Instem Shares Gapped Up 40.3% on Premium £203M Takeover Offer

The Instem PLC (LON: INS) share price gapped up 40.25% after announcing that it had accepted a takeover offer valuing the company at approximately £203 million. Each existing Instem shareholder shall receive 833 pence per sha

Simon Mugo
Bidstack Shares Rose 13.33% on New Vanatus Sales Partnership

The Bidstack Group PLC (LON: BIDS) share price rose 13.3% after announcing a new advertising sales partnership with Vanatus. Vanatus is a leading international advertising agency providing digital gaming and entertainment adv

Simon Mugo
Premier African (PREM) Shares Fell 8.7% on £5M Extra Funding

The Premier African Minerals Ltd (LON: PREM) share price fell 8.7% after announcing that it had secured additional funding for its Zulu Lithium and Tantalum mine in Zimbabwe. The additional funding was secured by selling new

Simon Mugo
Nio Stock Price Fell 7% on Weak Q2 2023 Deliveries and Margins

The Nio Inc - ADR (NYSE: NIO) stock price fell 6.99% after releasing its Q2 2023 financial results, which showed that it delivered 23,520 EVs comprising of 10,492 premium smart electric SUVs and 13,028 premium smart electric

Simon Mugo
Shineco (SISI) Stock Price Rallied 52% on Upbeat Investor Interest

The Shineco Inc (NASDAQ: SISI) stock price rallied 52.2% despite the lack of recent news releases from the Chinese company. The lack of news means we can attribute today’s rally to positive investor sentiment and buying press

Simon Mugo
88 Energy (88E) Share Price Rose 7.69% on a £4.5M Capital Raise

The 88 Energy Ltd (LON: 88E) rose 7.69% after unveiling plans to raise approximately £4.5 million by placing up to 1,457,716,474 new ordinary shares for £0.0031 per Placing Share. The exact price shall apply to the shares iss

Simon Mugo
Aston Martin (AML) Share Price Surged 6.7% on F1 Performance

The Aston Martin Lagonda Global Holdings PLC (LON: AML) share price surged 6.69% after the impressive performance of its Formula 1 driver Fernando Alonso in the Dutch Grand Pree held in the Netherlands over the weekend. 

Simon Mugo
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