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Avacta Shares Dropped 4.84% After Acquiring Coris Bioconcept
The Avacta Group Plc (LON: AVCT) share price dropped 4.84% after announcing that it had acquired Coris Bioconcept SRL for an upfront cash consideration of £7.4 million, with an additional earnout based on future business perf
Scotgold Shares Fell 3.0% on Operation Update and CEO Departure
The Scotgold Resources Ltd (LON: SGZ) share price fell 2.97% after releasing an operational update regarding its Cononish gold and silver mine in Scotland, making it the country's first commercial gold producer amid CEO depar
ITM Power Shares Edged 5.32% Higher on FY 2023 Trading Update
The ITM Power plc (LON: ITM) share price edged 5.32% higher after releasing a trading update about the twelve months to 30 April 2023. The company made an adjusted pretax loss of £90 million after generating revenues worth £2
Twilio (TWLO) Shares Rallied 5.19% Despite Activist Investor Calls
The Twilio Inc (NYSE: TWLO) share price rallied 5.19% higher despite the activist investor Legion Partners persuading the cloud computing firm to change its board members and consider spinning off some of its assets.
USDJPY Pair Edges Higher on Upbeat US PCE Data and Weak Yen
The USDJPY currency pair was trading up over 20 pips at writing as the dollar remained stronger than the yen, but only by a slight margin. The pair struggled to make gains as the yen fought to end the week flat against its sa
HPQ Shares Fell 5.4% on Q2 2023 Earnings Results. What’s Next?
The HP Inc (NYSE: HPQ) share price fell 5.4% after releasing its earnings for the second quarter of its 2023 fiscal year. The company revealed that its revenues fell 21.7% to $12.9 billion, compared to $16.5 billion in a simi
WE Soda Is Planning a London IPO in a Rare Move To Raise Cash
WE Soda, the world’s largest producer of natural soda ash, announced plans to list its shares on the London Stock Exchange (LSE) today. The decision is seen as a boost to the Lond initial public offer (IPO) market, which has
Challenger Energy (CEG) Shares Surged 20% on Uruguay Update
The Challenger Energy Group PLC (LON: CEG) share price surged 19.6% on an update about Uruguay's AREA OFF-1 license area. The company revealed that it had completed the volumetric assessment of the project and was ready to si
Cineworld Share Price Edges Lower Ahead of the Bankruptcy Exit
The Cineworld Group plc (LON: CINE) share price was trading down today as the company looks forward to exiting the Chapter 11 bankruptcy process it entered voluntarily in September 2022. The firm could be ready to exit the pr
Amigo Shares Continue Falling As Orderly Wind-Down Continues
The Amigo Holdings PLC (LON: AMGO) share price was trading down 5.83% today as investors continue tracking the orderly wind-down of the company, which is set to wipe out ordinary shareholders.
GBPUSD Rallies Higher To Become Today’s Top-Performing Pair
The GBPUSD currency pair was trading up over 80 pips at writing as the British pound rallied higher against the US dollar despite the lack of news releases from the UK docket. The pair soared higher in the early London sessio
Qualtek Services (QTEK) Shares Soared 187% Today – Here’s Why
The QualTek Services Inc (NASDAQ: QTEK) share price soared 187% today despite the lack of news releases as investors reacted to the financial restructuring news announced Wednesday last week to reduce its debt by up to $307 m
Ideanomics (IDEX) Shares Rallied 45.3% on Investor Interest
The Ideanomics Inc (NASDAQ: IDEX) share price surged 45.3% despite the lack of recent news releases. The company’s history shows it received a delisting notice from the NASDAQ on May 19, 2023, which could explain what is behi
Ocado Shares Have Fallen 22% in a Month. Can They Recover?
The Ocado Group PLC (LON: OCDO) share price has fallen 22% in a month amid fears that it would be relegated from the premier FTSE 100 index and replaced by another firm. The most likely firm to replace Ocado is IMI Plc, an en
Greatland Gold (GGP) Shares Jumped 10.3% on Farm-In Agreement
The Greatland Gold plc (LON: GGP) share price jumped 10.3% after announcing that it had entered into a farm-in and joint venture agreement with Rio Tinto, the global mining group, to fast-track the exploration of a highly pro
Empire Metals (EEE) Shares Rallied 25% on Giant Titanium Discovery
The Empire Metals Ltd (LON: EEE) share price rallied 24.9% after discovering a “giant" copper and titanium mineral system at its Pitfield project, including a new, high-grade titanium discovery. The results were highly signif
Nvidia Stock Surges, Raising Its Market Cap to Almost $1 Trillion
The NVIDIA Corporation (NASDAQ: NVDA) stock price has risen significantly to bring its market capitalisation to almost $1 trillion, making it the most valuable chip manufacturer in the world. The company added about $184 bill
Boohoo Shares Are Down 19.2% in a Month. Will They Keep Falling?
The Boohoo Group PLC (LON: BOO) share price has fallen 19.2% during the past month, leaving many wondering whether the decline will continue. As seen in the chart below, the fast fashion company could have fallen further but
ASOS Shares Spiked 8.4% As the Retail Share Offer Remains Open
The ASOS plc (LON: ASC) share price spiked 8.35% higher after completing the placing of new ordinary shares worth £75 million, whose proceeds will be used to support the Driving Change agenda. The ultimate goal of the capital
XPeng Stock Price Fell 9.77% on Weak Q1 ’23 Vehicle Deliveries
Chinese EV company Xpeng Inc - ADR (NYSE: XPEV) released its quarterly delivery numbers today, which were lower than expected as the global EV sector struggles. The company delivered 18,230 vehicles, 17.9% lower than the 22,2
