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89Bio Stock Soared 55% on Phase 2 Liver Disease Drug Trial Data

The 89bio Inc (NASDAQ: ETNB) stock price soared 55% after announcing positive topline data from the Phase 2b ENLIVEN trial evaluating treatment with pegozafermin in patients with nonalcoholic steatohepatitis (NASH).

Simon Mugo
Virgin Orbit (VORB) Stock Rallied 67% on $200M Funding Rumors

The Virgin Orbit Holdings Inc (NASDAQ: VORB) stock price rallied 67.1% after an exclusive story by Reuters revealed that the cash-strapped space company was in the final stages of a financing deal with Matthew Brown companies

Simon Mugo
KEFI Shares Barely Moved After Operational Update – Here’s Why

The KEFI Gold and Copper Plc (LON: KEFI) share price barely moved after the company released its quarterly operations update for Q1 2023. The company is completing the final arrangement to kickstart construction at its Tulu K

Simon Mugo
Fevertree Shares Surged 11.6% on Its Initial Full-Year 2022 Results

The Fevertree Drinks PLC (LON: FEVR) share price surged 11.6% after releasing its preliminary results for the financial year that ended 31 December 2022. The company reported robust revenue growth of 11% to £344.3 million fro

Simon Mugo
Superdry Shares Rose 10% on $50M APAC IP Transfer Agreement

The Superdry PLC (LON: SDRY) share price rose 10% after signing an IP Transfer Agreement with Cowell Fashion Company Ltd, a South Korean firm, approving the sale of Superdry’s intellectual property (IP) assets in specific Asi

Simon Mugo
USDCAD Rises As Canadian Dollar Falls on Weak Inflation Data

The USDCAD currency pair was trading up over 49 pips as the US dollar gained against its Canadian peer. The release of mixed inflation data from the Canadian docket in the early American session amplified the loonie’s weaknes

Simon Mugo
Novo Integrated (NVOS) Stock Rallied 41.5% on Investor Sentiment

The Novo Integrated Sciences Inc (NASDAQ: NVOS) stock price rallied 41.5% today, although there were no news releases from the company. Therefore, it is clear that the rally in NVOS stock was driven by positive investor senti

Simon Mugo
Cerberus Cyber (CISO) Stock Soared 178.3% on Q4 and FY22 Data

The Cerberus Cyber Sentinel Corp (NASDAQ: CISO) stock price soared 178.26% after releasing its preliminary financial results for Q4 2022, and the fiscal year ended 31 December 2022. The company’s Q4 revenues soared 150% to $1

Simon Mugo
Eqtec Share Price Plunged 25% on Discounted £3.5M Capital Raise

The EQTEC PLC (LON: EQT) share price plunged 25% after revealing that it had conditionally raised £3.5 million before expenses via a placing where institutional investors and others subscribed directly to placing units priced

Simon Mugo
Powerhouse Energy (PHE) Shares Rose 5.3% on HUI Joint Venture

The Powerhouse Energy Group PLC (LON: PHE) share price rose 5.26% after signing a Heads of Terms agreement with Hydrogen Utopia International Plc to co-develop a non-recyclable plastic waste-to-hydrogen facility site at Longf

Simon Mugo
Chewy Earnings – Here’s What to Expect

Online pet retailer Chewy (NYSE: CHWY) is set to release its earnings for the fourth quarter after the market close on Wednesday, March 22, and with its share price up just over 1% in 2023, investors will be hoping the result

Sam Boughedda
United Oil & Gas Shares Surged 27% As ASH-8 Started Production

The United Oil & Gas PLC (LON: UOG) share price surged 27% after revealing that its ASH-8 development well (ASH-8) in the Abu Sennan licence area in onshore Egypt had started production on 16 March 2023.

Simon Mugo
GBPUSD Surged As ING Analysts Predict a 25bps BoE Rate Hike

The GBPUSD currency pair was trading up over 78 pips as the Sterling pound rallied higher against the US dollar. The pound’s rally was primarily driven by positive investor sentiment towards the UK banking system, which has b

Simon Mugo
Loyalty Ventures (LYLT) Stock Soared 86.6% Despite Bankruptcy

The Loyalty Ventures Inc (NASDAQ: LYLT) stock price soared 86.6% despite the company’s ongoing chapter 11 bankruptcy process and looming voluntary delisting of its stock from the Nasdaq Global Select Market.

Simon Mugo
Boxed Stock Rallied 58% Premarket. Is This a Dead Cat Bounce?

The Boxed Inc (NYSE: BOXD) stock price rallied 58% premarket as investors bought the company’s stock despite the lack of new announcements. Given today's rally's lack of fundamental triggers, it is fair to question whether th

Simon Mugo
Why SolGold Shares Were Muted After Appointing a CEO and CFO

The SolGold plc (LON: SOLG) share price barely moved after the appointment of a new CEO and CFO. Investors barely reacted to the news primarily because the new CEO is familiar since he had been acting CEO following the resign

Simon Mugo
Genedrive Shares Spiked 13% Higher, but Later Fell – Here’s Why

The Genedrive PLC (LON: GDR) share price spiked 13% higher after announcing that the Genedrive® MT-RNR1 ID Kit was being prepared for installation at two more hospital sites in the North West NHS, that is, the greater Manches

Simon Mugo
Canadian Overseas (COPL) Shares Rallied 15% on $14.8M Bond

The Canadian Overseas Petroleum Limited (LON: COPL) share price rallied 15% after revealing that it had secured convertible bond financing to meet its immediate cash needs, given that the company was facing severe liquidity i

Simon Mugo
USDCAD Rallies as US Dollar Rises, Falls on Consumer Sentiment

The USDCAD currency pair was trading up over 38 pips as the US dollar gained against its Canadian competitor during the early American session. However, the greenback was similar to the loonie, given the minimal gains made by

Simon Mugo
Histogen Stock Rallied 33.4% After US Patent Award. What Next?

The Histogen Inc (NASDAQ: HSTO) stock price rallied 33.4% after revealing that it had been issued a U.S. patent covering CTS-2090 Methods of Use. The US Patent and Trademark Office (USPTO) issued Histogen with US Patent No. 1

Simon Mugo
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