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Nuformix Shares Surged 19.3% on Exclusive Cancer Drug Licensing Deal With Oxilio
Shares of Nuformix PLC (LON: NFX) surged 19.3% after signing an exclusive licensing deal with Oxilio Ltd to develop and commercialise its NXP001 cancer drug candidate. According to the agreement, Oxilio will develop, research and market NXP001 wor
Genedrive (GDR) Shares Plunge After Announcing Placing and Open Offer To Raise Over £10m
Shares of Genedrive (LON: GDR) have plunged on Friday after the company announced a placing to raise up to £6 million and an open offer to qualifying shareholders to raise up to £4.5 million. The company will be placing up to 24 million new shares
Audioboom Shares Fell 6.82% After AAA Fails To Submit Revised Offer, Looming Deadline
Shares of Audioboom Group PLC (LON: BOOM) plunged 6.82% after an update indicating that All Active Asset Management (AAA) had not submitted a revised offer to acquire the company after its £188.3 million offer was rejected for having a low valuation.
Clinigen Shares Surged 9.94% on Rumours That It Could Be an Acquisition Target
Shares of Clinigen Group PLC (LON: CLIN) surged 9.94% on rumours that it could be the next acquisition target for Elliott Investment Management LP, which recently acquired a 5% stake in the company. The specialist pharmaceutical services company r
Gresham House Shares Edge Higher After Acquiring Mobeus Equity’s VC Division
Shares of Gresham House plc (LON: GHE) edged 1.34% higher after acquiring Mobeus Equity Partners’ Venture Capital Trust (VCT) business. The transaction will cost £36.1 million, with Gresham intending to fund the purchase via a £40 million share pl
IQ-AI Shares Fell 2.6% After Postponing Phase I Clinical Trial for Brain Tumour Drug
Shares of IQ-AI Ltd (LON: IQAI) fell 2.6% after postponing the start of its Gallium Maltolate phase I clinical trial to the fourth quarter due to a delay in the production and delivery of the drug’s encapsulation by the supplier. The trial was sch
Panthera Resources (PAT) Shares Surge On Additional High-Grade Gold Mineralisation at Bassala
Shares of Panthera Resources (LON: PAT) have surged on Friday after the company said assay results from the recent air-core (AC) drilling programme at Bassala have confirmed the presence of additional significant gold mineralisation. The results a
Impel NeuroPharma Stock Falls After Pricing Public Offering
Impel NeuroPharma (NASDAQ: IMPL) shares are down premarket on Friday after it announced its $45 million public offering pricing. The company is offering 3 million shares of its stock at a price of $15 per share. Before deducting expenses, the gros
T2 Biosystems (TTOO) Stock Gains On Confirmation COVID Test Can Detect Mu Variant
Shares of T2 Biosystems (NASDAQ: TTOO) gained in after-hours and premarket trading on news that its T2SARS-CoV-2 Panel is capable of detecting the Mu and Iota variants of the coronavirus.
Yourgene Health (YGEN) Shares Rally On DHSC Contract
AIM-listed Yourgene Health's share price is rallying on Friday after the company said a Contract Award Notice has been published regarding its contract with the Department of Health & Social Care. The contract is the first to come from the Nat
Argo Blockchain (ARB) Shares Rally On Bitcoin Backed Loan
Shares of cryptocurrency mining firm Argo Blockchain (LON: ARB) have jumped on Friday after the company announced it has entered into an £18.05 million ($25 million) loan agreement. The agreement, which has a maturity date of October 29, 2021, is
Analysts Raise Lululemon (LULU) Stock Price Targets Following Earnings
Lululemon (NASDAQ: LULU) shares are up over 12% on Thursday after it published its second-quarter earnings report. The athletic apparel retailer reported earnings of $1.6
Carnival PLC (CCL) Shares Fell 2.94% on Further Cruise Cancellations Into Next Year
Carnival plc (LON: CCL) shares fell 2.94% after announcing a further round of cruise cancellations affecting its Holland America Line and its Seabourn branded cruise ships. The cruise ship operator unveiled plans to return its entire fleet of vess
Associated British Foods (ABF) Shares Are Down 15% This Year. Can They Rebound?
Shares of Associated British Foods plc (LON: ABF) are down almost 15% this year after the company reported lower grocery sales figures compared to last year when the UK was under the first wave of lockdowns. The British multinational food processi
Saga Shares Are Up 33.4% in 2021. Will They Keep Rising Despite Imminent Threats?
Shares of Saga PLC (LON: SAGA) are up 33.4% in 2021 despite the spread of new variants of the coronavirus pandemic that threaten the global travel industry. The company, which specialises in organising trips and tours for people over 50, had seen
Centamin (CEY) Shares Are Trading at Lows, Last Seen in March 2020. Can They Recover?
Shares of Centamin PLC (LON: CEY) are down 24.4% this year and are trading at the lows last seen in March 2020. Can they reverse course and rally higher? The gold mining company’s shares recently broker below a significant support level that was i
Soligenix (SGNX) Stock Rises Premarket After FDA Orphan Drug Designation
Soligenix (NASDAQ: SNGX) shares are rallying premarket on Thursday after the U.S. Food and Drug Administration (FDA) granted orphan drug designation to the active ingredient hypericin to treat T-cell lymphoma. The decision from the FDA extends the
DraftKings Launches Online Sportsbook In Arizona, Shares Edge Lower Premarket
DraftKings (NASDAQ: DKNG) shares are slightly lower premarket after the company announced the launch of its online Sportsbook in Arizona. Arizona becomes the 14th state where the sportsbook is available. Using the app, Arizona sports fans age 2
Humanigen (HGEN) Shares Plunge After FDA Declines EUA Request
Humanigen (NASDAQ: HGEN) shares have plunged over 50% premarket after the FDA declined its request for emergency use authorization of lenzilumab to treat newly hospitalized COVID-19 patients. According to Humanigen, the FDA stated in its letter th
Cizzle Biotechnology Shares Rally on Encouraging St George Street Capital Collaboration Progress
Diagnostics Developer Cizzle Biotechnology (LON: CIZ) said it had seen encouraging progress in its collaboration with St George Street Capital (SGSC). In June, Cizzle announced it had signed a Memorandum of Understanding (MoU) with SGSC covering a