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Amigo Holdings Shares Edge Higher Despite Upbeat Q1 Earnings, £16M Profit

Shares of Amigo Holdings PLC (LON: AMGO) rallied higher after releasing its earnings results for the first quarter of its financial year ended 30 June 2021. The guarantor lender made a net profit of £16.0 million despite not actively lending to it

Simon Mugo
Oriole Resources (ORR) Shares Climb After CEO Increases Stake

Aim-listed Oriole Resources (LON: ORR) revealed that its CEO, Tim Livesey, upped his stake in the company, causing its shares to rise on Thursday.  The Oriole chief execu

Sam Boughedda
Frasers Group Edge Higher After Outlining the Incoming CEO’s Incentive Pay Plan

After unveiling the new pay structure for incoming CEO Michael Murray, shares of Frasers Group PLC (LON: FRAS), formerly known as Sports Direct, edged higher. Murray is set to earn up to £100 million if the retail company’s share price hits the 15

Simon Mugo
Ncondenzi Energy (NCCL) Shares Plunged 25.6% After Raising £600K via a Share Issue

Shares of Ncondezi Energy Ltd (LON: NCCL) plunged 25.6% after announcing that it had raised £600,000 through the issuance of 40 million new shares at a discounted price of 1.5p for each new ordinary share. The markets reacted negatively to the new

Simon Mugo
IronRidge (IRR) Shares Surged 17.5% As Investors Bid up Battery Metal Stocks

IronRidge Resources Ltd (LON: IRR) surged 17.5% despite not making any major announcements. Instead, investors reacted to reports about the significant growth potential present in the global lithium-ion industry. The company, which has several gol

Simon Mugo
Helium One (HE1) Shares Plunge Again On Further Disappointing Results

Shares of Helium One (LON: HE1) have plunged once more after the company said it completed its 2021 exploration drilling campaign without identifying helium gas. While th

Sam Boughedda
NRx Pharmaceuticals (NRXP) Stock Gains on Cardinal Health Agreement

NRx Pharmaceuticals (NASDAQ: NRXP) announced on Thursday that it has signed an agreement with Cardinal Health to provide third-party logistics and distribution of ZYESAMI. The news has seen the company's shares jump 21.22% to $15.65 premarket, era

Sam Boughedda
Kaixin Auto (KXIN) Stock Rallies On Deal To Acquire EV Manufacturer

Kaixin Auto (NASDAQ: KXIN) shares are rallying premarket after it announced that it has reached a binding term sheet to acquire 100% equity of Henan Yujie Times Automobile through new share issuance. Yujie is a Chinese electronic vehicles manufact

Sam Boughedda
Parity Group (PTY) Shares Fall After Failure To Develop a Sustainable Consulting Business

Parity Group (LON: PTY) shares have fallen after the company said its trading in the first half of the year has been impacted by underinvestment in the core recruitment solutions business. The professional services firm also said that the failure

Sam Boughedda
MGC Pharma (MXC) Shares Surge On $24m agreement with US firm AMC Holdings

Shares of MGC Pharma (LON: MXC) have surged on Thursday after it signed a binding US Market Supply and Distribution Agreement with US company AMC Holdings Inc. The initial three-year deal has minimum orders of $24 million for MGC products, includi

Sam Boughedda
Bidstack Announces New Partnership With Motionlab Interactive

Bidstack (LON: BIDS) announced on Thursday that it has established a new partnership with Motionlab Interactive for the mobile game PDC Darts Match. Bidstack said the new game, which is "the only darts game in the world to be fully endorsed by the

Sam Boughedda
Urban Outfitters Share Price Falls 9% Despite Earnings Beat

Urban Outfitters (NASDAQ: URBN) shares tumbled on Wednesday despite a positive Q2 report that saw it top earnings estimates. The retail corporation reported a net income of $127 million and earnings per share of $1.28, beating the $0.79 expected.

Sam Boughedda
Dicks Sporting Goods Gain 14.5% After Reporting Record Profit

Dicks Sporting Goods (NYSE: DKS) reported second-quarter earnings on Wednesday that saw record profit and sales, exceeding expectations due to strong consumer demand. The firm's second-quarter earnings per share reached $5.08 compared to $3.21 a y

Sam Boughedda
Challenger Energy (CEG) Shares Plunge After Failing To Achieve Sustained Production

Challenger Energy (LON: CEG) shares have plunged on Wednesday after the company released an update on the ongoing production testing of the Saffron-2 appraisal well. Challenger said that the well in Trinidad has been successfully drilled and compl

Sam Boughedda
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

Sam Boughedda
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

Simon Mugo
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

Sam Boughedda
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.

Sam Boughedda
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

Simon Mugo
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

Simon Mugo
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