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Biolase Up 32% Premarket – Stock Consolidation To Blame?

Biolase (NASDAQ:BIOL) is up 32% in premarket trading. This looks to be a technical correction. Or if we prefer, something not so much to do with the underlying business as it is with Biolase looking more likely to actually stay on Nasdaq rather than

Tim Worstall
Tim Worstall
Cornish Metals Up 15% Yesterday, 10% Today – Momentum?

Cornish Metals (CVE:CUSN) (LON:CUSN) was up 15% yesterday and 10% today. The price has been moving nicely upwards since the middle of November and this is a break up out of the previous trading range. So, are we looking at a momentum stock here? W

Tim Worstall
Tim Worstall
Beowulf Mining On A Tear – Will It Continue?

Beowulf Mining (LON:BEM) is up 32% this morning and has doubled so far this week. The question is, why? The answer being that it’s a small mining company, what is called a “junior miner”, and small changes in prospects end up being leveraged into

Tim Worstall
Tim Worstall
Amigo Loans Share Price Has Fallen 18.6% in Three Months. Should You Buy It?

Amigo Holdings PLC (LON: AMGO) share price has fallen 18.56% in three months. The guarantor lender remains banned from lending activities until the court approves a new compensation scheme for its customers. The company recently released its half-

Simon Mugo
Alba Minerals Share Price Rallied 11% on Positive Assay Results From Investee Firm

Alba Mineral Resources plc (LON: ALBA) share price rallied 11.1% after its investee company GreenRoc Mining released the assay results from the drilling and channel sampling programme conducted at the Amitsoq Island deposit. The drilling and sampl

Simon Mugo
Aston Martin Lagonda Bounces Around As FD Leaves

Aston Martin Lagonda (LON:AML) dropped 7% yesterday and are up again 20 pence so far this morning. The biggest fact to take away from this being that the share price is delicate. For the reason for the drop is little more than the announcement that t

Tim Worstall
Tim Worstall
AJ Bell, Excellent Results, Shares Fall. What?

AJ Bell (LON:AJB) turns in excellent results and the share price falls 10%. It’s struggling to revive this morning. All of which goes to show the sometimes truth of the old stock market adage, buy the rumour, sell the fact. Sadly the adage isn’t a

Tim Worstall
Tim Worstall
Duluth Holdings Gains 14% on Q3 Earnings, Revenue & EPS Beat

Stock in lifestyle brand Duluth (NASDAQ: DLTH) rallied just over 14% this morning as earnings season continues to destabilize the normal trading environment. The company released its Q3 results before the market open o

Ollie Martin - AskTraders News writer
OllieMartin
Should I Buy Phunware Stock after Link to Trump’s SPAC?

The thriving blockchain company Phunware (NASDAQ: PHUN) is back on the radar this morning with investors getting behind the company once again, sending stock soaring over 10% as Thursday’s market bells rang. Whether re

Ollie Martin - AskTraders News writer
OllieMartin
The Surge of Retail: Ranking the Best and Worst States in the Us for Retail Sales Growth

We at AskTraders decided to conduct a detailed analysis to find the top-performing and least-performing US states for retail spend, as retailers big and small closed

AskTraders Team
AIQ Drops 18% – Here’s Why It’s Difficult To Trade

Price volatility is what enables winning trades to be made. Therefore a stock like AIQ (LON: AIQ) and a stock which should not be confused with the AIQ ticker in the US markets, should be of interest. For the price bou

Tim Worstall
Tim Worstall
Tantech Holdings Down 41% Premarket – Following 60% Jump Yesterday

A stock price that yoyos, leaps around, like that of Tantech Holdings (NASDAQ: TANH) could be regarded as a traders’ dream, providing it’s possible to get on the right side of those movements. However, that’s not alway

Tim Worstall
Tim Worstall
Tirupati Graphite (TGR) Share Price Fell Despite Surging Revenues. Should You Buy It?

Tirupati Graphite PLC (LON: TGR) share price fell 2.21% after releasing its earnings results for the six months ended 30 September 2021 despite its revenues surging 33% to £560,100 compared to the £419,402 registered in a similar period last year.

Simon Mugo
Genedrive Continues To Soar On CE Mark Application, How Long Will It Last?

Genedrive (LON: GDR) is up 115% over the past 5 days and 19% today on the back of their molecular test for Covid. There’s

Tim Worstall
Tim Worstall
WeWork Drops 7% On Announcement Of Accounting Error

Something that no investor wants to see, WeWork (NYSE: WE) announced an accounting error to the market. WeWork’s stock dropped that 7% immediately afterward. The big question is what happens next? 

Tim Worstall
Tim Worstall
Belvoir Group Share Price Surged 8.79% as the UK Property Market Remained Hot

Belvoir Group PLC (LON: BLV) share price surged 8.79% after revealing that it expects to generate more revenues and profits than its initial forecasts during the current financial year. The property franchise group noted that trading during the fi

Simon Mugo
Drax Is 4% Off Recent Peaks On Biomass Announcement, Is the Business Viable Long-Term?

Drax (LON: DRX) is 4% off recent peaks overnight as it makes an announcement about its biomass business. That the former coal plant is falling at a time of record highs for energy prices is evidence of the different op

Tim Worstall
Tim Worstall
Pendragon Rises On Trading Update – But Is It Sustainable? 

Pendragon PLC (LON: PNG) upgraded their profit expectation for the year - this is the second time in only 2 months. The background here is the shortage of new vehicles caused by the chip shortage. 

Tim Worstall
Tim Worstall
Digitalbox Shares Surge 40%, What Now?

Shares of digital media business Digitalbox (LON: DBOX) jumped over 58% in early Thursday as investors reacted to the news that it expects revenue and EBITDA for the year to be significantly ahead of market consensu

Sam Boughedda
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