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Kala Pharmaceuticals Stock Surged 34% on Special Meeting Plans

Key points: Kala Pharmaceuticals’ stock price surged 34.2% on a special meeting. The company wants shareholders to approve a reverse stock split.

Simon Mugo
Orchid Island Capital Up 414%, No, Down 20% – Which Is It?

Key points: Orchid Island stock can be described as 414% up this morning We can also say it's about 20% down Or even up 3% so, which is the right number then?

Tim Worstall
Tim Worstall
Alien Metals, UFO, Up 17% On Anglo American Mandate – More Later?

Key points: Alien Metals shares are up 17% this morning They've the beginnings of a financing and offtake deal with Anglo American This partially sorts out both capital a

Tim Worstall
Tim Worstall
Nanoco Share Price Edged 3.41% Higher on Two UK Grant Awards

Key points: Nanoco’s share price edged 3.41% higher on two grant awards. The awards came from Innovate UK, boosting the firm’s share price.

Simon Mugo
Cake Box Down 45% On Trading Update – As Bad As That?

Key points: CBOX falls 45% on the back of a trading update The key is that conditions are hard, yes, but not terrible It's more about the reduction of growth prospects th

Tim Worstall
Tim Worstall
Skinbiotherapeutics (SBTX) Shares Plunged 16.2%. Here’s Why.

Key points: The Skinbiotherapeutics share price plunged 16.2% despite phase results. Investors ignored the positive trial results while focusing on

Simon Mugo
Futura Medical Stands Proud 30% On Test Results – Why?

Key points: Futura Medical is up strongly on test results for MED3000 The share price is standing proud as it looks like it might make the market It's still possible to d

Tim Worstall
Tim Worstall
Dogechain: Why You Should Not Mistake It For Dogecoin

Key points: Dogechain is a new crypto that should not be confused with Dogecoin. The new blockchain claims to be a layer 2 network targeted at develo

Simon Mugo
The USDJPY Is Hovering Near a New Record High After Powell

Key points: The USDJPY pair is hovering near two-decade highs after Powell’s speech. The divergence between the Fed and the Bank of Japan fuels the

Simon Mugo
Mobile Global Sports (MGAM) Stock Price Surged 58.9%. Here’s Why.

Key points: Mobile Global Sports (MGAM) stock surged 58.9% despite a lack of news. The stock is quite popular among short-term traders since its li

Simon Mugo
Best Buy Shares Gain As Earnings, Revenue Top Estimates

Key points: Best Buy reports second-quarter earnings before the open Tuesday, August 30 The company topped earnings and revenue estimates Best Buy shares rose over 3% prem

AskTraders Team
ITM Power Shares Have Fallen 48% in 2022. Can They Recover?

Key points: ITM Power shares have fallen 48% in 2022 despite the energy crisis. The company’s green hydrogen is an excellent fit for the push to ne

Simon Mugo
Rubicon Down 75% – The Tax Losses And Takeover?

Key points: Rubicon Tech is down 75% premarket This is all part of the takeover and delisting The key is that Rubicon went ex-div today Rubicon Te

Tim Worstall
Tim Worstall
American Virtual Cloud, Down 91% YonY, Up 300% In 2 Days, Why?

Key points: AVCT stock is now up 300% and more since the new CEO announcement Is this going to go further or is this it and it will reverse? We can only understand that wh

Tim Worstall
Tim Worstall
Petroneft Resources Down 16% – Contracts Mean Something In Russia?

Key points: Petroneft Resources is down another 16% this morning They've significant problems with their pipeline contract To the point that they've got to stop producing

Tim Worstall
Tim Worstall
Nanosynth (NNN) Share Price Surged 23.4% on New Cosmetics Deal

Key points: The Nanosynth share price surged 23.4% after announcing a new joint venture. The company has partnered with a wellness firm to launch a

Simon Mugo
Joules Group’s Next Deal Maybe Borked By Share Price Fall – Why?

Key points: It's possible that Next can only buy into Joules at 33p or better The gossip is that Next isn't all that happy about this So, it's possible that the Joules d

Tim Worstall
Tim Worstall
SIMEC Atlantis (SAE) Share Price Soared 27.6% on Key Milestone

Key points: SIMEC Atlantis’ share price soared 27.6% after hitting a critical project milestone. The firm is much closer to installing the battery

Simon Mugo
NatWest Unchanged On Special Dividend – Why, Shouldn’t It Fall?

Key points: The NatWest Group share price should fall on the special dividend It hasn't, at least not for that specific reason So why has what should happen not happened?

Tim Worstall
Tim Worstall
Disney Stock Price Edges Lower Despite Reports of Record Sales

Key points: Disney stock price fell despite reports claiming it’s making record sales. The company’s move to raise the prices of its theme parks is

Simon Mugo
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