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Locust Walk Acquisition Stock Skyrockets As Business Combination With eFFECTOR Therapeutics Approved
Locust Walk Acquisition's (NASDAQ: LWAC) stock has surged premarket on Wednesday after stockholders approved all proposals related to the business combination with eFFECTOR Therapeutics. SPAC firm Locust Walk said approximately 93.2% of the votes
Contango Shares Surged 32.2% After Confirming Negotiations With Two Steel Firms
Shares of Contango Holdings PLC (LON: CGO) soared 32.2% after confirming that it was in talks with two large stainless steel giants amid rumours that it was about to sign a potential offtake deal with Afrochine. The company issued a statement clar
XPeng (XPEV) Shares Edge Higher Premarket After Exporting P7 Sedan To Norway For The First Time
XPeng (NYSE: XPEV) shares are edging higher premarket on Wednesday after the company said it has started shipping its flagship P7 model to Europe for the first time. The vehicles will be sent from Guangzhou in China to Norway. It marks the first t
Oriole Resources (ORR) Shares Gain After Noting Excellent Exploration Progress
Oriole Resources (LON: ORR) shares have gained 7% on Wednesday after the company noted its excellent exploration progress when releasing its unaudited Interim Results for the six months ended 30 June.
Thor Mining (THR) Shares Spike Higher on Upbeat Initial Drill Results at Alford East
Shares of Thor Mining Plc (LON: THR) spiked 11.26% higher after announcing that it had completed the initial drilling programme at its Alford East project, where it discovered high-grade gold and copper deposits. The mining company noted that init
ARC Minerals Shares Edge Higher After a New Zambian President Assumed Office
ARC Minerals Ltd (LON: ARCM)shares edged 4.23% higher today, building on yesterday’s bullish momentum after a new Zambian President was sworn into office. The new president Mr Hakainde Hichilema is a leading supporter of the country’s mining indus
Best Buy (BBY) Shares Gain On Solid Earnings Report
Best Buy (NYSE: BBY) reported positive growth for its second quarter on Tuesday, causing its share price to climb 4.33% higher. The consumer electronics retailer saw revenue grow to $11.01bn, a 20.6% increase compared to the previous year. The com
Here’s Why GCM Resources Shares Surged 30.8% Today
Shares of GCM Resources PLC (LON: GCM) surged 30.8% today despite the company not making any new announcements to trigger the sharp rally. We can only speculate about the exact triggers behind today’s rally, the most likely cause being the accumul
GuideWell to Acquire Triple-S Management, Stock Jumps 44%
Triple-S Management (NYSE: GTS) shares are rallying premarket after it was announced that GuideWell Mutual will acquire the company in a deal worth $900 million. Health solutions firm GuideWell will acquire all the outstanding shares of Triple-S M
Bio-Path (BPTH) Stock Surges After Clearance of Investigational New Drug Application
Bio-Path Holdings (NASDAQ: BPTH) shares are rallying premarket on Tuesday after the company announced that the US Food and Drug Administration (FDA) has reviewed and cleared the Investigational New Drug (IND) application for BP1002. BP1002 is the
Greatland Gold (GGP) Shares Rallied After the Scallywag Drilling Programme Kicked Off
Shares of Greatland Gold plc (LON: GGP) rallied 4.84% after revealing that it had started the drilling operations at its 100% owned Scallywag licence in the Paterson province in Western Australia. The mining and exploration company clarified that
Alba Mineral Resources Shares Edge Higher After Completion of Phase 2 Drilling
On Tuesday, Alba Mineral Resources (LON: ALBA) said that it has successfully completed drilling operations at the Thule Black Sands Project in northern Greenland. Alba's subsidiary, White Eagle Resources, completed the drilling to expand and upgra
Scottish Mortgage (SMT) Shares Edge Higher As Investors’ Bias Favours Biotech Firms
Scottish Mortgage Investment Trust PLC (LON: SMT) shares are up 2.3% after investor sentiment towards biotech and growth stocks turned positive on yesterday’s FDA decision. The positive sentiment indicates a broader market shift towards growth and
MyHealthChecked (MHC) Shares Rise On DHSC Announcement
Consumer home-testing healthcare firm MyHealthChecked's (AIM: MHC) share price is rising on Tuesday after the company noted an announcement from the Department of Health and Social Care (DHSC). The announcement stated that private COVID-19 testing
Panthera Shares Surged Higher After Discovering Gold Deposits at Its Bassala Mine
Shares of Panthera Resources PLC (LON: PAT) edged 7.78% higher after announcing that it had discovered gold deposits at its Bassala mine located in southwestern Mali. The gold exploration and mining company noted that the latest air core drilling
Open Orphan (ORPH) Shares Rally On Challenge Study Contract Win
Open Orphan (LON: ORPH) shares are rallying on Tuesday after the company announced its subsidiary, hVIVO, signed an £8.1m contract with a major global pharmaceutical company to test its inhaled human rhinovirus (hRV
Pfizer To Acquire Trillium Therapeutics for Over $2bn, Stock Surges
Shares of Trillium Therapeutics (NASDAQ: TRIL) are surging remarket on Monday after it was announced that Pfizer (NYSE: PFE) will acquire the firm. The deal is worth $2.26 billion or $18.50 per share, representing a 118% premium to the 60-day weig
Cineworld Shares Have Been Trading Sideways Since July. Can They Rally Higher?
Shares of Cineworld Group plc (LON: CINE) have been trading sideways since mid-July as bearish and bullish investors fight for control of the company’s share price, with neither side winning the battle. The cinema chain’s shares have been falling
Arena Events Group Shares Rise After Agreeing New Multi-Year Contract
Arena Events Group (LON: ARE) shares are climbing on Monday after the company announced its recently acquired US subsidiary, Arena Aztec Shaffer, has agreed to a new multi-year contract with Championship Management, a division of the PGA TOUR. The
Here’s Why Babcock Shares Are Up 46.8% in August. Will the Rally Continue?
Shares of Babcock International Group PLC (LON: BAB) have soared 46.8% this month as investors shrugged off the negative earnings report that saw the firm book a whopping £1.7 billion loss for the past year.