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Here’s Why Argo Blockchain Shares Plunged 19.8% Despite Adding 4,500 Crypto Miners

Shares of Argo Blockchain PLC (LON: ARB) plunged 19.8% despite announcing that 4,500 Bitmain Antminer S19 and S19 pro miners from the Celsius Network were now fully operational. Many people were surprised to see Argo’s shares drop almost 20% despi

Simon Mugo
Esports Entertainment Group Shares Rally After Citron Research Says GameStop Should Buy The Company

Shortseller Citron Research said on Friday that GameStop Corp (NYSE: GME) should buy online gambling company Esports Entertainment Group Inc (NASDAQ: GMBL). “It is opinio

Sam Boughedda
Merck To Acquire Pandion Therapeutics – Shares Soars

Shares of Pandion Therapeutics (NASDAQ: PAND) are soaring on Thursday after it was announced that Merck will buy the biotech firm for $60 per share in cash. The price is more than double the closing price of Pandion’s shares ($25.63) on Wednesday

Sam Boughedda
Reddit Stocks Gain Again Following Wednesday’s Rally – GameStop Up 81%

Reddit or meme stocks are rallying again premarket after yesterday saw investors pour back into the company's shares following similar rallies back at the end of January. Wednesday saw GameStop shares close over 100% higher, with AMC stock closing

Sam Boughedda
Hikma Shares Plunge 8.56% Despite Upbeat 2020 Earnings as Growth Outlook Dims

Shares of Hikma Pharmaceuticals Plc (LON: HIK) fell 8.56% despite the company announcing upbeat 2020 earnings driven by its role as a supplier of emergency COVID-19 drugs at the height of the pandemic last year. The company’s revenues rose 6% to h

Simon Mugo
Dynatronics Stock Surges After Distribution Agreement Extension

Shares of medical and rehabilitation equipment manufacturer, Dynatronics (NASDAQ: DYNT) are surging premarket after the company yesterday announced that its wholly-owned subsidiary, Bird & Cronin, renewed its purchasing agreement with Intalere.

Sam Boughedda
Dev Clever Shares Are Up 82.5% in 2021 as Buyers Step Up, Are There Future Gains?

Shares of Dev Clever Holdings PLC (LON: DEV) are up 82.5% since January, driven by a surge in investor interest that has led several companies to acquire stakes in the educational software company that helps teachers connect with their students. T

Simon Mugo
Great Western (GWMO) Shares Spiked 8.33% Higher on Operations Update but Fell Later

Shares of Great Western Mining Corporation Plc (LON: GWMO) spiked 8.33% higher after releasing an operations update showing multiple projects and activities planned for the rest of the year. The resource exploration and mining company has staked n

Simon Mugo
Morgan Sindall Shares Gapped 12.9% on Massive Cash Reserves Despite Profits Falling

Shares of British construction firm Morgan Sindall Group PLC (LON: MGNS) gapped 9% higher after reporting that it accumulated massive cash reserves in 2020 despite the pandemic lockdowns causing its profits to fall by almost a third. The company’s

Simon Mugo
Salarius Pharmaceuticals Shares Climb After Initiating Expansion Of Seclidemstat Trial

Salarius Pharmaceuticals (NASDAQ: SLRX) announced on Wednesday the initiation of the expansion of its ongoing 1-2 clinical trial of seclidemstat in patients with relapsed and refractory Ewing sarcoma and Ewing related sarcomas. Seclidemstat is a r

Sam Boughedda
Sypris Solutions Shares Rally After Winning Defence Contract

Shares of Sypris Solutions (NASDAQ: SYPR) are surging on Wednesday after it announced its subsidiary, Sypris Electronics, has recently received a follow-on award from a US DoD prime contractor to manufacture and test electronic power supply modules f

Sam Boughedda
Reinvent Technology Share Price Gains On SPAC Merger With Joby Aviation

Reinvent Technology Partners (NYSE: RTP) announced a merger with Joby Aviation on Wednesday morning, allowing them to list on the NYSE. Joby Aviation, a transportation company developing all-electric takeoff and landing aircraft, entered into a bu

Sam Boughedda
Fisker Shares Rally On Foxconn Partnership

Shares of Fisker (NYSE: FSR) are 26% higher premarket on Wednesday after the company announced it has entered into a memorandum of understanding with Apple Partner, Foxconn. The two companies will work together to develop a new segment vehicle, wi

Sam Boughedda
Carnival PLC (CCL) Shares Rally 6.9% Despite Raising $1 Billion via a Share Placement

Shares of cruise ship operator Carnival plc (LON: CCL) rallied 6.9% despite successfully raising $1 billion via a share offering underwritten by Goldman Sachs to fund its operations. Investors seemed to support the move given that Carnival’s share

Simon Mugo
Workhorse Group Shares Continue To Slide After Missing Out On Contract

Shares of American electric vehicle maker Workhorse Group are continuing to fall premarket after closing Tuesday’s session 47% lower following news that the company missed out on a key contract from the US Postal Service. The USPS awarded the firs

Sam Boughedda
Amigo Loans Shares Soar 26.8% After J.P.Morgan Acquires a Stake in the Lender

Shares of British guarantor lender Amigo Holdings PLC (LON: AMGO) soared 26.8% after the company revealed that US investment giant J.P.Morgan had acquired a 5.2% stake in the lender despite its current woes. Today’s announcement is a significant b

Simon Mugo
Panthera Resources Shares Edge 5.14% Higher After Director Explains Fasken’s Role

Shares of London-listed mining and exploration company Panthera Resources PLC (LON: PAT) edged 5.14% higher after the company explained why it hired Fasken Law Firm to explore legal options against the government of Rajasthan. According to the com

Simon Mugo
Aurora Mobile Shares Gain On BYD DiLink Partnership News

Aurora Mobile said on Tuesday it has entered into a partnership agreement with BYD DiLink, a Chinese brand for intelligent connected systems, to leverage there respective technological advantages and collaborate to promote the digital upgrade of the

Sam Boughedda
Blink Charging Shares Slides Despite Vermont Grant

Blink Charging NASDAQ: BLNK) shares are plummeting on Tuesday along with other electric vehicle stocks despite the company announcing a collaboration with the State of Vermont to deploy 11 new DC fast chargers across the state in the next two years.

Sam Boughedda
Saga Shares Surged 11.9% on Rumours That Its About To Raise £170 Million in Debt

Shares of Saga PLC (LON: SAGA) surged 11.9% after rumours emerged that it is in talks to raise approximately £170 million ($238.3 million) in debt to support its operations given the ongoing COVID-19 pandemic lockdowns. The company that provides i

Simon Mugo