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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.
Oriole Resources (ORR) Shares Rally Following Maiden Inferred Gold Resource
Shares of Oriole Resources (LON: ORR) are gaining on Monday after the company completed a Mineral Resource Estimate (MRE) for the Faré South prospect at its Senala project in Senegal.
Abingdon Health (ABDX) Shares Soar After Launching COVID-19 Self-Test Kit
Shares of Abingdon Health PLC (LON: ABDX) soared 26.2% after launching its BioSURE COVID-19 IgG Antibody Self Test to meet the rising global demand for tests that individuals can administer without the need for laboratory or health professionals.
Blackbird (BIRD) Shares Climb On Deal With CBS Sports Digital
Shares of video editing platform Blackbird (LON: BIRD) are rising on Monday morning after the company revealed it has signed a deal with CBS Sports Digital for cloud video production. CBS Sports Digital is a division of ViacomCBS that creates spor
Nvidia Shares Upgraded By Analysts, Pelosi Reported To Have Bought Shares in The Company
Shares of tech firm Nvidia (NASDAQ: NVDA) are up over 3% on Friday after several analysts upgraded their forecasts following the company's Q2 earnings report. The compan
Greenpro Capital Shares Surge After Signing MoU With Silkwave
Shares of Greenpro Capital (NASDAQ: GRNQ) are rallying premarket after announcing that its incubator company, Angkasa-X has signed a Memorandum of Understanding (MOU) with Silkwave Holdings. The two companies will form a joint-venture strategic pa
Progenity (PROG) Stock Falls After Announcing $40m Offering Pricing
Progenity Inc (NASDAQ: PROG) shares have plunged premarket after the company announced the pricing of its public offering of 40 million shares and warrants. The biotechnology company is selling one share and one warrant for $1. The warrants will h