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Deliveroo Shares Surge 10.4% After Competitor Delivery Hero Buys a 5% Stake
Shares of Deliveroo PLC (LON: ROO) surged 10.4% after one of its main competitors, Delivery Hero, acquired a 5.09% stake in the company, a move that most investors celebrated. The company’s share surged higher as the markets welcomed the move by D
DraftKings (DKNG) To Acquire Golden Nuggets Online Gaming (GNOG) – Stock Surges
Shares of Golden Nugget Online Gaming, Inc. (Nasdaq: GNOG) are surging premarket on Monday after the announcement that DraftKings (Nasdaq: DKNG) is to acquire the company for approximately $1.56 billion. The definitive agreement is for an all-stoc
Kodal Minerals (KOD) Shares Have Fallen 36.5% Since July. Can They Reverse Course?
Shares of Kodal Minerals PLC (LON: KOD) have fallen 36.5% since hitting a new multi-year high of 0.488p on July 1, 2021. Can they reverse course and head higher? The mining company’s shares had rallied higher throughout most of June after Mali’s g
Microsaic Systems (MSYS) Share Price Rises After Signing Deal With Manufacturing Partner
The share price of Microsaic Systems (LON: MSYS) is gaining on Monday after it was announced that the company has signed a non-binding Heads of Terms (HoT) with a manufacturing partner.
Guild Esports (GILD) Audience Tops 1m, Shares Edge Higher
Guild Esports (LON: GILD) said on Monday that it has achieved a "major milestone" by reaching an aggregate "owned-audience" of more than one million across all social channels, two months ahead of schedule. The owned audience figure is the total n
Catenae Innovation (CTEA) Shares Rally On SaxaVord Order
Catenae Innovation's (LON: CTEA) share price has rallied 16% on Monday after announcing it has received an order from Shetland Space Centre Limited (SaxaVord). Shetland S
Supply@ME (SYME) Shares Rally After Launching Global Inventory Monetisation Fund, Secures $40m in Funding
Supply@ME (LON: SYME) announced on Monday morning that it has launched a global inventory monetisation fund. Following the acquisition of TradeFlow Capital Management, SYME now manages three open funding structures, in addition to the Bank-funding
Open Orphan (ORPH) Shares Climb On Human Malaria Infection Challenge Model
Open Orphan (LON: ORPH) shares are gaining on Monday after it announced that its subsidiary, hVIVO, has developed a Controlled Human Malaria Infection (CHMI) challenge model. The latest in a long line of viral challenge study models will see the m
Morrison’s Shares Rallied 2.8% on an Uprated £6.7Bn Takeover Offer From Fortress
Shares of Wm Morrison Supermarkets PLC (LON: MRW) rallied 2.8% after US private equity giant Fortress upped its takeover offer to £6.7 billion. Fortress upped its bid after the previous offer of £6.3 billion attracted criticism from various partie
Xpediator (XPD) Share Price Gains On Announcement of New Partnership
The share price of Xpediator (LON: XPD) is climbing on Friday after it announced a strategic partnership with the Northampton-based e-Commerce fulfilment expert, Synergy Retail Support Limited. Synergy provides B2C and B2B fulfilment and e-commerc
Tekmar (TGP) Shares Jump On CPS Contract Award
Shares of Tekmar (LON: TGP) have jumped at the open on Friday after the announcement that it has won a contract from Van Oord to supply its Generation 10 Cable Protection System (CPS) for the Baltic Eagle offshore wind farm in the Baltic Sea, Germany
Power Metal Resources Edge Higher on Canadian Drilling Operations Update
Shares of Power Metal Resources PLC (LON: POW) edged higher after releasing an update on the drilling operations at its Silver Peak project in British Columbia, Canada. The exploration company revealed that it had completed 12 of the planned 25 di
DeepMatter (DMTR) Shares Climb On Collaboration With the University of Cambridge
DeepMatter (LON: DMTR) shares have gained on Thursday after announcing it has begun a project with the University of Cambridge's Innovation Centre in Digital Molecular Technologies (iDMT).
Maestrano (MNO) Shares Rally On Contract Win
Maestrano Group's (LON: MNO) share price is rising on Thursday after it announced a new contract with Network Rail High Speed. The five-month Proof of Concept (POC) contract has been awarded to Maestrano's specialist rail analytics subsidiary, Cor
Power Metal Resources (POW) Completes Phase 1 Programme In Tati Greenstone Belt
On Wednesday, Power Metal Resources (LON: POW) announced that it has successfully completed the Phase I work programme on its two gold-nickel licences in the Tati Greenstone Belt. Power Metal exercised an option to acquire a 100% interest in the P
Rolls-Royce Shares Climb On Deal To Sell Bergen Engines Business
Rolls-Royce shares are gaining on Wednesday after the company announced it has signed an agreement to sell its Bergen Engines medium speed liquid fuel and gas engines business to global engineering group Langley Holdings. Langley is funding the de
Hancock Jaffe (HJLI) Stock Rallies On Breakthrough Device Designation Status
Shares of Hancock Jaffe Laboratories (NASDAQ: HJLI) are rising premarket after the U.S. Food and Drug Administration (FDA) granted Breakthrough Device Designation status to the VenoValve, the company's lead product. The VenoValve is set to begin a
Aeorema Communications (AEO) Shares Rally On Strong Outlook
Aeorema Communications' (LON: AEO) share price has jumped on Tuesday after the company released a trading update. The live events agency said it made "further multi-natio
Airline sector share prices – ready for take-off?
Share prices in the airline industry outline what happens to the prices when everything that can go wrong does so. The perfect storm of issues created by the COVID-19 pandemic has carved billions off
Tesco Plc (LSE:TSCO) goes back to basics – share price tipped to rise 30%
Investors are circling Tesco (LSE:TSCO) as the mood towards retailers shifts to ‘big could be beautiful’ as the supermarket giant accounts for 26.8% of the UK grocery market. The coronavirus pandemic