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Alibaba Stock Falls after Earnings Report — EPS Miss and Revenue Miss
Alibaba (NYSE: BABA) announced adjusted earnings per share of $1.74 before the bell on Thursday, with revenue coming in at $31.1 billion. The numbers reported were again
Alien Metals Share Price Spiked Up 6.58% on Positive Sampling Results, Later Fell
Alien Metals Ltd (LON: UFO) share price spiked 6.58% after releasing the initial trenching and rock chip sampling results at the Elizabeth Hill project in Western Australia. During the initial sampling programme, the mining company found strong ni
Marks & Spencer and IAG Get Downgraded by Jefferies, BNP Paribas Analysts
London-listed analyst downgrades and price target changes... Downgrade/Upgrade: Analyst James Grzinic at Jefferies has downgraded Marks & Spencer to Hold from Buy, setting a price target of 250p, up from 220p. Grzinic put the company's
ImmuPharma (IMM) Share Price Rallied 8.35% After a Detailed Corporate Update
ImmuPharma PLC (LON: IMM) share price rallied 8.35% after a corporate update regarding its Lupuzorâ„¢ pharmacokinetic (PK) study and is on track to deliver results during Q1 2022. The drug is then scheduled to enter phase III trials. The drug discov
Abingdon Health Shares Plunge After “Challenging Year”
Abingdon Health (LON: ABDX) shares have plunged Thursday with the company reporting interim results for the year ended 30 June, showing an adjusted EBITDA loss of £3.3m compared to a £0.8m profit the previous year.Â
Scirocco Energy Share Price Rallied 4.54% on Tanzania Gas Receivables Payment
Scirocco Energy PLC (LON: SCIR) share price rallied 4.54% after announcing that its joint venture partner Aminex Plc has received the expected payment from the Tanzania Petroleum Development Corporation (TPDC). The sustainable energy and circular
Mobile Streams Stock Slides Despite Argentina Revenue Being Ahead of Expectations
Shares of mobile content and data intelligence company Mobile Streams (LON: MOS) are down over 6% Thursday despite the company telling investors that downloads and revenue for its LiveScores service in Argentina are
Orbital Energy Stock Rallies 10.3% on Acquisition of Front Line Power
Stock in Orbital Energy Group (NASDAQ: OEG) rallied over 10% in the early hours of Wednesday trading after the company announced that they will be acquiring Front Line Power, a full-service electrical infrastructure se
Backblaze Stock Extends Rally by 10%, Flawless First Week of Trading
Following a hot IPO, Backblaze (NASDAQ: BLZE) stock is extending its rally today by a further 10%, fueling cloud stock by more than 100% in the last week. Retail traders are fueling the fire here, with investors backin
PureCycle Stock Gains on Release of Breakthrough Recycling Technology
PureCycle (NASDAQ: PCT) stock rallied just under 10% with the opening market bells on Wednesday, thanks to the unveiling of their first official product using PureCycled plastic technology. Innovators in sustainability
Baidu Inc (BIDU) Stock Price Edged Lower On $2.6 Billion Q3 Loss, Surging Revenues
Baidu Inc (NASDAQ: BIDU) stock price edged 3.13% lower after revealing that it made a loss of 16.6 billion yuan ($2.6 billion) during Q3 2021 despite its overall revenues surging 13% to beat analysts’ estimates. The Chinese search engine giant rev
Zosano Pharma Rallies 40% on Promising New Covid-19 Vaccine Patch
Zosana Pharma Corp (NASDAQ: ZSAN) stock surged in Wednesday premarket trading, picking up gains of over 40% as investors caught hold of the news that the companies microneedle patch system may be compatible with a Covi
Biome Technologies Share Price Plunges on Revenue Warning
Shares of bioplastics and radio-frequency technology Biome Technologies (LON: BIOM) have plunged Wednesday after it warned revenues for 2021 will be significantly below current market expectations due to supply chai
Canoo Inc (GOEV) Stock Price Rallied 29.8% Premarket on Excellent Q3 Results
Canoo Inc (NASDAQ: GOEV) stock price rallied 29.8% premarket as investors responded positively to the company’s Q3 and nine-month earnings results. The electric vehicle manufacturer reported a GAAP net loss of $80.9 million during Q3 2021, bringi
Rockwell Medical (RMTI) Stock Price Surged 82.6% After Publishing Positive Study Results
Rockwell Medical Inc (NASDAQ: RMTI) stock price surged 82.6% after the publishing of the results of a clinical study to investigate the co-administration of unfractionated heparin (UFH) with intravenous (IV) Ferric Pyrophosphate Citrate (FPC, Triferi
McColl’s Share Price Tumbles as Supply Chain Issues Impact Q4
Shares of British convenience shop and newsagent operator McColl's Retail Group (LON: MCLS) have tumbled Wednesday as continued supply chain disruptions have impacted the company's revenues in Q4.
Premier African Minerals (PREM) Share Price Rallied 5.26% Despite Lack of Updates
Premier African Minerals Ltd (LON: PREM) share price rallied 5.26% despite the company’s lack of significant project updates. The lithium mining company’s last announcement was an update on the Zulu drilling campaign. However, it is yet to reach a
Mode Share Price Barely Moved Despite Eliminating Bitcoin Trading Fees
Mode Global Holdings PLC (LON: MODE) share price barely moved despite the fintech company’s decision to eliminate Bitcoin trading fees for a limited time to attract new users and popularise its Bitcoin services. The fintech company has removed its
Wincanton Shares Gain Following Primark Contract Win
Wincanton announced Wednesday that it has won a five-year contract with fashion retailer Primark, resulting in a slight boost for ts shares. The deal is for the provision
Here’s Why Experian Share Price Fell Despite Upbeat H1 Earnings and Revenues
Experian plc (LON: EXPN) share price fell 2.33% despite reporting a profit surge during the first six months of its current fiscal year ended on 30 September 2021. The consumer credit rating company revealed that its pre-tax profits rose 43% to $6