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Carlyle Aviation to Acquire Fly Leasing – Stock Surges 27%

Shares of Fly Leasing Limited (NYSE: FLY) are surging on Monday after announcing that it will be acquired by an affiliate of Carlyle Aviation Partners for $17.05 per share. The deal will see Carlyle Aviation pay a total of approximately $520 milli

Sam Boughedda
Kibo Energy Shares Rise As MAST Set to Begin Trading On LSE

AIM-listed Kibo Energy’s (LON: KIBO) share price has risen on Monday following the company’s announcement that MAST Energy Developments Plc is to list on the London Stock Exchange by way of a standard listing on the 14th of April 2021, under the tick

Sam Boughedda
Catenae Innovation (CTEA) Shares Fall – Company To Report Results by June

Shares of Catenae Innovation (LON: CTEA) are trading lower on Monday after the company said it will be unable to post its annual audited accounts to shareholders for the year to 30 September 2020 by the 31 March 202

Sam Boughedda
Carnival PLC Shares Are Trading at a Key Support Level. Is There More Upside Potential?

Shares of cruise ship operator Carnival Plc (LON: CCL) are trading at a crucial support level ahead of the reopening of most economies worldwide. Is there more upside potential? Some analysts argue that Carnival shares are overvalued given that th

Simon Mugo
Eqtec Shares Are Falling Despite Its Positive Updates as Investors Remain Cautious

Shares of EQTEC PLC (LON: EQT) have been falling over the past few days despite the waste to energy gasification company recently making some positive announcements. The company recently announced that it is on track to hit its profitability targe

Simon Mugo
Kier Group Shares Form Pre-Breakout Structure Ahead of April’s £150M Fundraiser

Shares of British construction company Kier Group plc (LON: KIE) have formed a pre-breakout structure ahead of April’s massive fundraising to raise £150 million, which is more than its current market capitalisation. The company’s current share pri

Simon Mugo
Mogo Stock Jumps As It Launches First Bitcoin Cashback Mortgage

Shares of digital payments and financial technology company Mogo Inc (NASDAQ: MOGO) are rallying premarket after announcing it has launched a bitcoin cashback mortgage. Mogo shares have climbed 9.43% to $9.14. Under the MogoMortgage program, Mo

Sam Boughedda
Scottish Mortgage (SMT) Shares Are Down Over 20% Since February, Is the Selloff Over?

Shares of Scottish Mortgage Investment Trust PLC (LON: SMT) have fallen over 20% from their February all-time highs driven by the massive selloff in tech stocks that has seen its key holdings drop in value. Most investors are wondering if the sell

Simon Mugo
Rockfire Resources Assay Results Expands Targets

Rockfire Resources’ (LON: ROCK) high-grade rock assay results have expanded numerous targets at its 100%-owned Plateau Gold Deposit in North Queensland, Australia, the company said on Monday. The London listed firm revealed that rock chip sampling

Sam Boughedda
Admiral Markets Rebrands to Admirals 

Why is Admiral Markets rebranding to Admirals? Traders and investors will already be aware of how fast asset prices can change. One recent development, which runs in line with the ever-changing nature of markets, is news that Admiral Market

AskTraders Team
Destiny Pharma Shares Rally As Nasal Gel Trial Meets Primary Endpoint

Shares of biotechnology firm Destiny Pharma (LON: DEST) are rallying on Monday after the company announced positive top-line results from its Phase 2b clinical study testing its XF-73 nasal gel as a new product for the prevention of post-surgical inf

Sam Boughedda
Gfinity Shares Lower Despite ‘Significant Improvement’ In Performance

Shares of esports solutions provider Gfinity (LON: GFIN) are lower slightly lower on Monday despite the company reporting a ‘significant improvement' in financial performance after a refocused business and significant cost base reduction. The AIM-

Sam Boughedda
Diurnal Shares Up 16% On Friday, Here’s Why

Shares of pharmaceutical company Diurnal Group (LON: DNL) are rallying on Friday after the Committee for Medicinal Products for Human Use (CHMP) issued a positive opinion to the European Commission, recommending Efmody as treatment of adult and adole

Sam Boughedda
Vela Technologies Shares Fall Despite Acquiring Stakes in Several Disruptive Companies

Shares of Vela Technologies PLC (LON: VELA) have fallen drastically from their February highs despite making several investments in companies with promising products and services. The firm, which invests in disruptive technologies, recently invest

Simon Mugo
Magnachip Shares Surge On Wise Road Takeover

Shares of Magnachip Semiconductor Corporation (NYSE: MX), the South Korean display and power solutions company, are surging on Friday after it announced it has entered into an agreement to be acquired by two investment vehicles established by Wise Ro

Sam Boughedda
NIO Share Price Plunges After Suspending Production for 5 Days

Electric car manufacturer NIO Inc (NYSE: NIO) will temporarily suspend vehicle production at its JAC-NIO manufacturing plant in Hefei, the company said on Friday. The suspension will be for five days starting from March 29 and comes due to a semic

Sam Boughedda
Sareum Shares Rise Despite Postponing Interim Results as Investors Remain Unmoved

Shares of Sareum Holdings Plc (LON: SAR) surged higher despite the biotech company announcing that it would postpone the release of its interim results for the six months ended 30 December 2020. Investors were not pleased with the postponement, bu

Simon Mugo
Plug Power Shares Trading Lower Despite Alpine F1 Partnership Announcement

Shares of hydrogen firm Plug Power (NASDAQ" PLUG) are trading slightly lower premarket on Friday following the company’s announcement of a partnership with the Alpine F1 team. Plug Power’s logos will be present on Alpine’s A521 cars and the team’s

Sam Boughedda
GSTechnologies Shares Edge Higher at a Support Level As Investors Wait for a Rally

Shares of GSTechnologies Ltd (LON: GST) edged higher as bullish investors defended a crucial support level in an attempt to turnaround the company’s fortunes. The integrated information and communication technology infrastructure solutions company

Simon Mugo
Open Orphan Shares Climb on £7.5m Human Challenge Study Contract

Shares of pharmaceutical firm Open Orphan (LON: ORPH) are climbing on Monday after the company announced that hVIVO has entered into a contract with a biotechnology company to run a human viral challenge study for a

Sam Boughedda