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JD Sports Shares Edged 1.8% Higher After the Acquisition of ISRG

The JD Sports Fashion PLC (LON: JD) share price edged 1.76% higher after announcing that it had acquired the remaining 49.98% stake in Iberian Sports Retail Group (ISRG) to become the Group’s sole owner once the transaction c

Simon Mugo
Helium One (HE1) Shares Plunged 19% on Rukwa Drill Rig Delays

The Helium One Global Ltd (LON: HE1) share price plunged 18.9% after issuing an update regarding the drill rig contract it had signed with SOFORI. Due to delays, the helium exploration and drilling company noted that Australi

Simon Mugo
Coinbase Stock Price Fell on a Downgrade and SEC Uncertainty

The Coinbase Global Inc (NASDAQ: COIN) stock price fell 4.75% after an analyst at Piper Sandler issued a note downgrading the stock from overweight to neutral, citing the uncertain regulatory landscape after the US Securities

Simon Mugo
Moderna Stock Edged Lower Despite Its Chinese Manufacturing Deal

The Moderna Inc (NASDAQ: MRNA) stock price edged 4.87% lower today as markets barely reacted to its latest announcement. The biotech company recently announced plans to invest in China and start manufacturing messenger RNA me

Simon Mugo
Facebook (META) Stock Rises on Threads App Launch. What Next?

The Meta Platforms Inc (NASDAQ: META) share price has risen 139.68% this year and seems to be headed higher after the recent launch of the Threads app by Instagram to compete with Elon Musk’s Twitter microblogging app. 

Simon Mugo
Persimmon Shares Have Fallen 20% in One Month. What’s Next?

The Persimmon plc (LON: PSN) share price has fallen 20% in the past month as investor sentiment towards the company soured, driven by the recent interest rate hikes by the Bank of England, whose latest interest rate decision

Simon Mugo
Petro Matad Shares Surged 64.4% on Cabinet Approval of Block XX

The Petro Matad Ltd (LON: MATD) share price surged 64.4% after announcing that Mongolia's cabinet had approved the Block XX Exploitation Area certification, including the Heron oil discovery, as special purpose land.

Simon Mugo
Currys’ Share Price Fell 15% on Weak FY 2023 Sales and Profits

The Currys PLC (LON: CURY) share price fell 15% after releasing its unaudited results for the year ended 29 April 2023. The electronics retailer revealed a decline in its revenues driven by weak sales in the Nordics region th

Simon Mugo
Jet2 Share Price Plunged 14.5% Despite Upbeat FY 2023 Results

The Jet2 PLC (LON: JET2) share price plunged 14.5% after releasing the preliminary unaudited results for the year ended 31 March 2023. The company’s revenues rose to £5,033.5 million, marking a significant improvement from th

Simon Mugo
EURUSD Pair Edges Higher on Mixed PMIs and ECB Comments

The EURUSD currency pair was trading sideways at writing, as the markets remained undecided regarding which currency between the euro and the US dollar was more robust. The sideways trading came after IHS Markit released mult

Simon Mugo
Rivian Shares Were Up 7.52%, Adding to Recent Gains on Q2 Data

The Rivian Automotive Inc (NASDAQ: RIVN) share price was trading up 7.52%, adding to the rally witnessed on Monday when RIVN stock closed the day up 17.41% on upbeat Q2 delivery numbers that beat analysts' expectations by a d

Simon Mugo
Why iMedia Brands (IMBI) Stock Is Up 34.2% Despite Bankruptcy

The iMedia Brands Inc (NASDAQ: IMBI) stock price had risen 34.18% during premarket trading as investor interest in the company surged. Over 8.22 million IMBI shares had changed hands at writing as buyers flocked to the shares

Simon Mugo
AO World Shares Rose 3.26% on FY ’23 Results Amid Weak Sales

The AO World PLC (LON: AO) share price rose 3.26% after releasing the final audited results for the year ended 31 March 2023. The company noted that despite a 17% decline in revenues, it had made a step change in profitabilit

Simon Mugo
SIG Plc Shares Fell 10.8% on the Mixed Half-Year Trading Update

The SIG plc (LON: SHI) share price fell 10.8% after releasing a trading update on its performance over the six months to 30 June 2023. The update comes ahead of the official release of its half-year results on 8 August 2023.

Simon Mugo
SIMEC Atlantis (SAE) Shares Unmoved on ‘Turbine 2’ Deployment

The SIMEC Atlantis Energy Ltd (LON: SAE) share price did not move after announcing that it had deployed the second turbine at the MeyGen site after undergoing significant upgrades to improve performance and reliability. 

Simon Mugo
Alba Minerals’ Shares Soared 89.1% on Clogau Dewatering Permit

The Alba Mineral Resources plc (LON: ALBA) share price soared 89.1% after announcing that it had been granted the ecological permits required for the planned dewatering and associated exploration of its primary target within

Simon Mugo
Kooth Shares Surged 37.9% on a $188M Contract Win in California

The Kooth PLC (LON: KOO) share price surged 37.9% after winning a contract worth $188 million to be the primary vendor partner to California for digital mental health to 13-25 year olds to whom it shall provide digital mental

Simon Mugo
Sainsbury’s Shares Fell 2.22% on First-Quarter Earnings Results

The J Sainsbury plc (LON: SBRY) share price fell 2.22% after releasing its first quarter trading statement for the 16 weeks to 24 June 2023. The retailer reported a significant surge in grocery sales driven by higher volumes

Simon Mugo
Versarien Shares Rallied 35.5% on Its Turnaround Strategy Update

The Versarien PLC (LON: VRS) share price rallied 35.5% after issuing a statement ahead of its general meeting later today. The company noted that its turnaround strategy was continuing and provided an update on the status of

Simon Mugo
Wizz Air Shares Rose 2% on June Passenger Data, CO2 Emission

The Wizz Air Holdings PLC (LON: WIZZ) share price rose 1.93% after releasing its June 2023 traffic and CO2 emissions data. The budget airline carried 5,314,584 passengers in June, representing a 22.5% increase to last year’s

Simon Mugo
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