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Exela Technologies Stock Soars After Winning $90m Contract

Shares of business process automation firm Exela Technologies (NASDAQ: XELA) are rallying premarket on Tuesday after the company announced a 10 year, $90 million venture blending automation technologies, SaaS, and services through its PCH Global plat

Sam Boughedda
Arix Bioscience Shares Rally 5.4% As Net Asset Value Surges on VelosBio Sale to Merck

Shares of Arix Bioscience PLC (LON: ARIX) rallied 5.4% after the venture capital firm that invests in biotech firm announced that the value of its assets had risen 62% to £328 million in December 2020 compared to the £202 million reported in 2019.

Simon Mugo
Fisker Shares Rise Premarket As Ocean SUV Reservations Pass 14,000

Shares of electric vehicle designer and manufacturer Fisker Inc (NYSE: FSR) are climbing premarket on Tuesday after announcing that reservations for its Ocean SUV today passed 14,000. The company said the reservations were boosted by interest and

Sam Boughedda
Aston Martin Shares Are Down 2% This Year, Is Lance Stroll’s Turnaround Plan Working?

Shares of British luxury car manufacturer Aston Martin Lagonda Global Holdings PLC (LON: AML) are trading almost flat for the year after the latest changes to the board that saw some long-term shareholders relinquish their board seats. It is no wo

Simon Mugo
Open Orphan Shares Trade Sideways Despite Venn Life Sciences’ Contract Win

Shares of Open Orphan PLC (LON: ORPH) traded sideways despite the niche CRO pharmaceutical services company announcing that its Venn Life Sciences division had won a contract with Oxford BioTherapeutics. Venn Life Sciences will deliver high-qualit

Simon Mugo
AerCap Holdings Shares Surge As It Nears GE Deal

Shares of AerCap (NYSE: AER) are up over 17% on Monday after reports emerged that it is nearing a $30 billion-plus deal to combine with General Electric’s (NYSE: GE) aircraft leasing business. The Wall Street Journal said on Sunday that details of

Sam Boughedda
PayPal To Acquire Digital Asset Security Firm Curv

PayPal (NASDAQ: PYPL) announced on Monday that it has agreed to acquire Curv, a provider of digital asset security technology. Curv was founded in 2018 by CEO Itay Malinger and CTO Dan Yadlin and is a provider of cloud-based infrastructure for dig

Sam Boughedda
Velocys Shares Are Down 35% YTD and Are Stuck in a Range, Will They Breakout?

Shares of Velocys PLC (LON: VLS) are down 35% in 2021 and are stuck in a range stretching out for months, as shown in the chart below. Can they break out of the range and rise? The sustainable fuels company’s shares have been range-bound since Jul

Simon Mugo
Wildcat Petroleum Shares Rally As It Appoints Crypto Platform Provider

Wildcat Petroleum (LON: WCAT) shares are rallying on Monday following the company’s announcement that it has appointed the Centre for Citizenship, Enterprise and Governance (CCEG) as its Blockchain Developer and Cryptocurrency Platform Provider. T

Sam Boughedda
Tekcapital Shares Soared 51% After a Portfolio Company’s O2 Device Gets FDA Approval.

Shares of Tekcapital PLC (LON: TEK) soared 51% after its portfolio company Belluscura Plc received 510(k) clearance and marketing authorisation from the U.S. Food and Drug Administration (FDA) for its X-PLO2R POC portable oxygen concentrator (POC).

Simon Mugo
Argo Blockchain Shares Rally 18.2% After Acquiring Texas Land for Its Mining Facility

Shares of Argo Blockchain PLC (LON: ARB) rallied 13% after the crypto mining company revealed that it now owns 320 acres of land in West Texas, USA, after completing the acquisition of DPN LLC, a New York company that owns the land. Argo had signe

Simon Mugo
Second Sight Shares Soar on Argus 2s FDA Approval

Second Sight Medical Products (NASDAQ: EYES) has seen its share price surge on Friday after the US Food and Drug Administration (FDA) approved the Argus 2s Retinal Prosthesis System. Argus 2s is a redesigned set of external hardware initially for

Sam Boughedda
Saga Shares Edge 4.5% Higher After Successfully Deferring Some of Its Debt Obligations

Shares of Saga PLC (LON: SAGA) edged 4.5% higher after the company, which offers travel and insurance services to people aged over 50 years, announced that it had successfully negotiated the deferral of some of its debt obligations. The company wa

Simon Mugo
Waitr Shares Rally On Flow Payments Partnership

Waitr Holdings (NASDAQ: WTRH) shares are rallying on Friday after the on-demand food ordering and delivery company said it has agreed to a partnership with Flow Payments to create a compliant marketplace, delivery and payment solution for dispensarie

Sam Boughedda
Virgin Galactic Shares Fall as Chairman Chamath Palihapitiya Sells Stake

Shares of Virgin Galactic (NYSE: SPCE) are down premarket on Friday after it’s Chairman, Chamath Palihapitiya, who took the company public in a SPAC deal, sold his remaining stake in the firm. A securities filing disclosed Palihapitiya sold approx

Sam Boughedda
Kaixin Auto Shares Climb As Haitaoche In Negotiations with Retail Platform

Kaixin Auto Holdings (NASDAQ: KXIN) shares are climbing premarket on Friday after the company said that Haitaoche Limited is in negotiations regarding a partnership with a leading online retail platform in China. According to Kaixin, the deal is l

Sam Boughedda
Ready Meal Firm Parsley Box To Float on London’s AIM

Ready meal firm Parsley Box on Friday announced it intends to float on London’s AIM list. The company who focuses on the baby boomer generation, said it wants to give customers the “opportunity to become shareholders in the prospective IPO.” Pa

Sam Boughedda
Deliveroo Picks London For Expected Multi-Million Pound Listing

Food delivery firm Deliveroo said it has selected London as the venue for its expected future listing, in what is expected to be a big boost for the city. Deliveroo, who are expected to float this year, said its commitment to London is underscored

Sam Boughedda
Centamin Shares Are Down 17% This Year, Can They Reverse Course and Rally Higher?

Shares of gold mining company Centamin PLC (LON: CEY) are down 17% this year, fueled by the drop in gold prices as investor risk appetite remained elevated, boosting riskier assets at the expense of safe-haven assets such as gold. The company’s sh

Simon Mugo
Amgen Inc To Acquire Five Prime Therapeutics – Shares Rally

Shares of Five Prime Therapeutics (NASDAQ: FPRX) are surging on Thursday after the announcement that drugmaker Amgen Inc (NASDAQ: AMGN) will pay about $1.9 billion in cash to acquire the company. Amgen will pay $38 per share, representing a premiu

Sam Boughedda