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Eqtec Shares Fell 5.3% as FY2022 Losses Mount Despite Progress
The EQTEC Plc (LON: EQT) share price fell 5.26% after releasing the final results for the year ended 31 December 2022. The company generated revenues worth €8.0 million during the year, representing a drop from the €9.2 milli
Halma Shares Rose and Fell on Its Latest Acquisition – Here’s Why
The Halma plc (LON: HLMA) share price rose after announcing that it had acquired Sewertronics, a firm specialising in repairing sewer lines without digging trenches. The company has patented technology that allows it to inser
EURUSD Dips After the ECB’s 25bps Rate Hike and Weak Sentiment
The EURUSD currency pair was trading down over 60 pips after the European Central Bank hiked interest rates by 25 basis points from 3.50% to 3.75%, as expected. The euro pulled back from the resistance zone it has been tradin
PacWest Bancorp Stock Plunged 45.5% Amid an Uncertain Future
The PacWest Bancorp (NASDAQ: PACW) stock price plunged 45.48% as its future hangs in the balance following the drop in its stock price amid concerns about its future. The regional bank, with branches in California, Dever Colo
Altamira Therapeutics (CYTO) Stock Rallied 63% Despite No News
The Altamira Therapeutics Ltd (NASDAQ: CYTO) stock price rallied 62.55% despite the lack of news releases from the company that specialises in developing therapeutics that address critical unmet medical needs.
NEXT PLC Shares Edged 2.1% Higher on Q1 ’23 Financial Results
The NEXT plc (LON: NXT) share price edged 2.1% higher after releasing its first quarter earnings results for the 13 weeks to 29 April 2023. The company noted that its full-price sales were down 0.7% compared to last year but
Cineworld Shares Have Fallen 50% in One Month. What’s Next?
The Cineworld Group plc (LON: CINE) share price has fallen 50% in the past month as plans to sell its business fell through due to a lack of bids for its UK and USA businesses, which are its largest operations. The company no
Braveheart (BRH) Shares Surged 21.9% on Its Investment Update
The Braveheart Investment Group plc (LON: BRH) share price surged 21.9% after issuing an update about its investment portfolio. The first update was about Payatec, which it owns 100% of. Paraytec develops high-performance spe
Haleon Shares Fell 3.92% on Q1 FY 2023 Results – Here’s Why
The HALEON PLC (LON: HLN) share price fell 3.92% after releasing the financial results for the three months ended 31 March 2023. The company generated revenues worth £3.0 billion during the first quarter, driven by a 9.9% vol
Aston Martin (AML) Shares Edged 2.44% Lower on Q1 2023 Results
The Aston Martin Lagonda Global Holdings PLC (LON: AML) share price edged 2.44% lower after releasing its financial results for Q1 2023. The company’s revenues surged 27% annually to £296 million, while the company sold 1,269
Coinbase Stock Falls on New Litigation and Regulatory Uncertainty
The Coinbase Global Inc (NASDAQ: COIN) stock price fell 1.1% after news broke of fresh litigation against the company’s top executives and investment firm Andreessen Horowitz for dumping their shares during the direct listing
BP Stock Price Fell 5.15% on Q1 2023 Earnings – Here’s Why
The BP plc (NYSE: BP) stock price fell 5.15% after releasing its first quarter 2023 results, where it made an underlying replacement cost (net) profit of $5.0 billion compared to a net profit of $4.8 billion in Q4 2022. The f
Why Scottish Mortgage (SMT) Shares Have Fallen 7% in a Month
The Scottish Mortgage Investment Trust PLC (LON: SMT) share price has fallen 7.03% in the past month, with its 3-month losses reaching 15.9% as investor sentiment towards the company remained bearish. The fund’s stock price t
Why OKYO Pharma Shares Rallied 14.1% on Phase 2 Clinical Trial
The OKYO Pharma Ltd (LON: OKYO) share price rallied 14.12% after announcing that the first patient in its phase 2 clinical trial of its OK-101 drug candidate for treating dry eye disease by addressing a significant unmet need
Powerhouse (PHE) Shares Rose 6.7% on Protos Project Acquisition
The Powerhouse Energy Group PLC (LON: PHE) share price rose 6.67% after announcing that it had assumed full ownership and control of the Protos plastics to hydrogen project at the Protos site near Chester in the UK. The proje
Kanabo Shares Edged Higher as Full-Year Losses Surged to £6.8M
The Kanabo Group PLC (LON: KNB) share price rose 2.81% after releasing its financial results for the twelve months ended 31 December 2022. The company revealed its revenues surged 726% to £603,000 from the £73,000 recorded in
Li Auto Stock Edges 3% Higher on April Deliveries – What’s Next?
The Li Auto Inc (NASDAQ: LI) stock price edged 3% higher after revealing that it had delivered 25,681 vehicles in April 2023, marking the second consecutive month that the company’s deliveries had exceeded the 20,000 mark.
Quhuo (QH) Stock Soared 142.8% Despite Lack of News – Here’s Why
The Quhuo Ltd - ADR (NASDAQ: QH) stock price soared 142.8% despite the lack of significant news releases from the SaaS company, which operates across multiple Chinese cities. However, the firm released a minor video update ab
First Republic Bank (FRC) Stock Plunges 45.9% Amid JPM Takeover
The First Republic Bank (NYSE: FRC) stock price plunged 45.9% after the Federal Deposit Insurance Corporation (FDIC) took over the bank and immediately sold it to JPMorgan, making the country’s largest bank by asset base much
Exxon Stock Price Edges Higher Ahead of Earnings. What’s Next?
The ExxonMobil Corp (NYSE: XOM) stock price increased during premarket trading as investors bet on a positive earnings release from the oil major despite the turbulent Q1. The markets did not have to wait for long as the oil
