Latest News
Hurricane Energy Shares Edged Higher on Prax Scheme Documents
The Hurricane Energy PLC (LON: HUR) share price edged 2.40% higher after publishing the scheme document for the recommended acquisition of the company by Prax Exploration & Production PLC (Prax) via a Court-sanctioned sch
Royal Mail (IDS) Shares Were Muted as CWU Talks End Without Deal
The Royal Mail share price, now known as International Distributions Services PLC (LON: IDS), remained muted after the Acas-facilitated talks between the Communication Workers Union (CWU) and Royal Mail ended without the two
Scotgold Share Price Rallied 20.4% on $500K Loan and Transition
The Scotgold Resources Ltd (LON: SGZ) share price rallied 20.4% after revealing that it had received a US$500,000 advance payment from its gold offtake partner to meet its short-term working capital needs after commencing lon
Avacta Shares Rose 7.5% on Dosing First Patient in Phase 1a Trial
The Avacta Group Plc (LON: AVCT) share price rose 7.45% after announcing that it had dosed the first patient in the fifth cohort of the first-in-human phase I trial (ALS-6000-101) of AVA6000. The move comes after the Medical
Entain Shares Were Muted After Acquiring 365scores – Here’s Why
The Entain PLC (LON: ENT) share price barely moved after revealing that it had acquired the entire issued share capital of 365scores for a cash consideration of $150 million (approx. £120m) and contingent payments of up to $1
AUDUSD Fell After RBA Paused Rate Hikes on Weak Inflation Data
The AUDUSD currency pair was trading down over 41 pips as the Australian dollar fell against the US dollar after the Reserve Bank of Australia (RBA) paused its interest rate hikes but left the door open for further rate hikes
Secoo Holding (SECO) Stock Soared 159% Despite Lacking News
The Secoo Holding Ltd - ADR (NASDAQ: SECO) soared 159% despite the lack of news from Asia’s largest online integrated upscale products and services platform as measured by GMV in 2016. The company claims to have a higher aver
AMC Entertainment (AMC) Stock Plunged 24% on Settling Lawsuit
The AMC Entertainment Holdings Inc (NYSE: AMC) stock price plunged 24.3% after settling with shareholders who had sued it to block the measures passed by shareholders at a special meeting in March authorising the company to i
GSTechnologies (GST) Shares Rose 12.8% on a Loan Conversion
The GSTechnologies Ltd (LON: GST) share price rose 12.8% after revealing that it had received a conversion notice from the Loan Facility provider to convert the remaining US$285,000 principal amount of the Loan Facility and t
Argo Blockchain Shares Edged Lower on New CFO, March Update
The Argo Blockchain PLC (LON: ARB) share price edged 2.58% lower after announcing the appointment of Jim MacCallum as the company’s new Chief Financial Officer (CFO). Jim will start in the new role tomorrow, 5 April 2023, but
United Oil and Gas (UOG) Shares Surged 31.7% on Egypt Update
The United Oil & Gas PLC (LON: UOG) share price surged 31.7% after issuing an update about its Egypt operations, where it holds a 22% non-operating stake in the Abu Sennan license area operated by Kuwait Energy Egypt.Â
GBPUSD Pair Rallies Amid Dollar Slump on Upbeat Risk Sentiment
The GBPUSD currency pair was trading up over 76 pips as the Sterling pound rallied against the US dollar, driven by the upbeat investor risk appetite. Investors are counting on the BoE’s promise to raise rates if inflation re
Marathon Oil (MRO) Stock Rallied 10% on OPEC+ Oil Output Cuts
The Marathon Oil Corp (NYSE: MRO) stock price rallied 10.2% after OPEC+ announced production cuts of up to 1.16 million barrels of oil daily. The group led by Saudi Arabia announced the output cuts to boost oil prices, tradin
Why Li Auto Stock Barely Moved On Upbeat March & Q1 Deliveries
The Li Auto Inc (NASDAQ: LI) stock price barely moved during premarket trading despite the EV manufacturer announcing that it had delivered 20,823 vehicles in March, bringing its total for the year's first quarter to 52,584 v
Wizz Air Shares Dropped 4.68% on Oil Price Surge, Upbeat Data
The Wizz Air Holdings PLC (LON: WIZZ) share price dropped 4.68% despite the budget airline releasing upbeat passenger data for March. The airline carried 4,267,274 passengers, marking a 72.3% expansion compared to March 2022,
COPL Shares Fell 10.1% on Q4 2022 Financial Results and Update
The Canadian Overseas Petroleum Limited (LON: COPL) share price fell 10.1% after its Q4 2022 financial results were released. The oil and gas company generated net royalties of $6.7 million from petroleum sales compared to $7
Kodal Minerals’ Share Price Rose 8.14% on Bouguoni Mine Update
The Kodal Minerals PLC (LON: KOD) share price rose 8.14% after issuing a progress update about its Bouguoni lithium mine operations in Southern Mali. The company revealed that it had drilled 14 reverse circulation (RC) and 18
Cineworld Shares Plunged 39% on Reaching a Restructuring Deal
The Cineworld Group plc (LON: CINE) share price plunged 39.4% after revealing that it had reached a restructuring support agreement (RSA) and a backstop commitment agreement (BCA) with lenders holding and controlling about 83
USDCAD Bounced off Support Despite Robust Canadian GDP Data
The USDCAD currency pair was trading up over 10 pips at writing, having given up some of its earlier gains as the Canadian dollar fought to keep pushing the US dollar lower as it has done most of the week. The loonie was boos
Mullen Auto (MULN) Stock Surged 39% on EV Cargo Vans Delivery
The Mullen Automotive Inc (NASDAQ: MULN) stock price surged 39.3% after revealing that it had delivered class 1 EV cargo vans to MGT Lease Company in Highpoint, North Carolina. Randy Marion Automotive Group fulfilled the vehi
