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Chembio Diagnostics Stock Climbs on Commercial Distribution of COVID-19 Antigen Assay

Chembio Diagnostics (NASDAQ: CEMI) share price is rising premarket on Friday after announcing its launch of commercial distribution of an FDA Emergency Use Authorized COVID-19 antigen test.

Sam Boughedda
Navios Maritime Acquisition (NNA) Stock Rallies On Merger With Navios Maritime Partners (NMM)

Shares of Navios Maritime Acquisition Corp (NYSE: NNA) are rallying premarket after announcing a merger with Navios Maritime Partners (NYSE: NMM). The deal will see shareholders of Navios Acquisition will receive 0.1275 of Navios Partners shares f

Sam Boughedda
Bidstack Shares Rally Slightly on Partnership With Suji Games Regarding Hyper Airways

Shares of Bidstack Group PLC (LON: BIDS) rallied 8.51% after securing a new contract with Suji Games to provide in-game advertising within Suji’s free-to-play simulation game Hyper Airways. Hyper Airways has a large audience of players, downloaded

Simon Mugo
Air Partner Shares Rise On Strong Trading Despite Covid Restrictions

Aviation service group Air Partner's (LON: AIR) share price has climbed on Friday after the company said it continues to trade strongly despite the travel restrictions and uncertainty from the COVID-19 pandemic. For the first half of the financial

Sam Boughedda
East Imperial (EISB) Shares Surged 19.6% After Winning New Drinks Supply Contracts

Shares of East Imperial PLC (LON: EISB) surged 19.6% after revealing that it had signed new supply agreements with Australian retail chain Woolworths and Metcash, an Australian wholesaler. The company, which supplies ultra-premium beverages, said

Simon Mugo
Kodal Minerals Shares Trade Flat After Awarding Shares and Rights to Top Executives

Shares of Kodal Minerals PLC (LON: KOD) barely moved today after announcing an updated grant of share rights and share options to some of its executives who chose to forego some of their salaries in light of the uncertain economic environment posed b

Simon Mugo
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
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