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Premier Inn: Whitbread Share Price Swings Into the Red After H1 Loss
Shares of Whitbread (LON: WTB) erased gains from this morning after the owner of Premier Inn posted a £724 million loss in the six months to August 27. A huge loss comes a year after the company reported a £219 million profit. The cash outflow for
Powerhouse Energy Shares Rally 26.6% After Forming an ESG Committee
Shares of Powerhouse Energy Group PLC (LON: PHE) surged 26.6% today after the company established an environmental social and governance (ESG) committee to “integrate sustainability best practice into all decision-making.” The company which produc
Portnoy Favourite Kitov $KTOV Stock Surges 18% On European Patent
Kitov Pharma (NASDAQ:KTOV) stock has surged at the start of the US session after they announced that the European Patent Office intends to grant a new patent to the company for the application entitled “Humanized antibodies against CEACAM1.” The c
PNM Resources Share Price Gaps 9% on an $8.3bn Takeover Deal
Shares of PNM Resources (NYSE: PNM) gapped over 9% today after the company accepted a takeover offer from Avangrid worth $8.3 billion including debt. Avangrid, a subsidiary of the Spanish giant Iberdrola, will now become the third-biggest renewabl
Plus500 Share Price Falls, Despite ‘Outstanding Trading’. Here’s Why
Shares of Plus500 LTD (LON: PLUS) fell around 2% on Wednesday, most likely on profit-taking activities from investors. Plus500 share price initially opened at the 4-week high at 1515p after the online broker reported “outstanding trading” activity.
Plus Therapeutics (PSTV) Stock Surges After Orphan Drug Designation
Clinical-stage pharmaceutical company Plus Therapeutics (NASDAQ: PSTV) has announced that the US Food and Drug Administration (FDA) has granted the company orphan drug designation, sending its stock skyrocketing. The designation is for the company
Plus 500 Share Price Spikes Higher on Upbeat H1 Results, Share Buyback Plan
Shares of Plus500 Ltd (LON: PLUS) today surged 8.5% higher after the company released its H2 2020 earnings results. The online CFDs broker also announced a $67.5 million share buyback programme due to the outstanding results in the first half. The
Plug Power (PLUG) Stock Surges After Asda Fuel Cell Project & Earnings
Plug Power Inc (NASDAQ:PLUG) shares have surged after the company announced its second-quarter earnings, and that it is behind the Asda fuel cell project… In its earnings report, the company revealed an adjusted loss of $0.03 per diluted share vs
Pinterest (PINS) Stock Soars After Earnings Beats Estimates
Pinterest (NYSE:PINS) reported its second-qu
Pivotal Investment (PIC) Stock Surges On Merger With XL Fleet
Electric vehicle company XL Fleet has announced a deal to merge with Pivotal Investment Corporation (NYSE: PIC), a special purpose acquisitions corporation (SPAC). The new combined company will be worth around $1 billion and is expected to have ap
Petra Diamonds (PDL) Share Price Plunges After Accusations Of Human Rights Breaches
Diamond mining group, Petra Diamonds (LON: PDL) shares have plunged after the company announced that UK based law firm, Leigh Day, has filed claims against the company and Williams Diamonds Limited (WDL) for human rights breaches. The claims are u
Capita PLC (CPI) Shares Are Up 21% This Year, Is the Company Still Undervalued?
Capita PLC (LON: CPI) shares up 21% this year after releasing in line results for the 2020 financial year, where it reported lower losses compared to 2019. The business outsourcing company announced further restructuring measures to dispose of its no
Oracle Power (ORCP) Share Price Surges On Pakistan Gov Meeting Announcement
Shares of Oracle Power (LON: ORCP) have exploded higher in Tuesday afternoon trading after the company announced it has been invited to meet with Pakistan’s Private Power and Infrastructure Board (PPIB). The meeting, which will take place on the 1
Pearson Share Price Swings Into Negative Territory as Revenue Plunged
Shares of Pearson PLC (LON: PSON) have erased this morning’s gains to trade 1.5% in the red after the company said revenue fell 14% in the first nine months of 2020. The education company says third-quarter sales tumbled 10% on a year-on-year basi
Pearson Share Price Trades Lower on Calls for Chair Resignation
Shares of Pearson (LON: PSON) trade around 1% lower today in London after a group of large shareholders for the resignation of Chair Sidney Taurel over the pay package offered to new CEO Andy Bird. Formerly at Walt Disney in the executive position
Open Orphan Share Price Surges After Winning a Major Contract With Carna
Shares of Open Orphan (LON: ORPH) today surged 5.9% higher to 13.45p after the company said that its Venn Life Sciences division had won a major clinical trial contract with Japanese group Carna Bioscience. The company did not reveal the value of
Omega Diagnostics Share Price Surges After COVID-19 Self-Test Study Update
Omega Diagnostics (LON: ODX) share price has skyrocketed in Monday trading after the company released an update regarding its COVID-19 self-test… The company announced that its study for the home coronavirus antibody test kit, the AbC-19 Rapid, ha
Ocugen Stock Price Soars – Granted FDA Orphan Drug Designation
Shares in biopharmaceutical company Ocugen Inc (NASDAQ:OC
Nvidia Share Price Plunges 0.98% Despite Its New RTX Gaming Chip Being 50% Faster
Shares of Nvidia Corp (NASDAQ: NVDA) today fell 0.98% to $420.40 during premarket trading despite rumours that its next flagship gaming processor will be 50% faster than the current processor positioning the company ahead of its peers. The yet to
OpGen Stock Jumps Over 60% After COVID Certification In Europe
Maryland-based OpGen Inc (Nasdaq:OPGN) has seen its stock price skyrocket after the company announced that its subsidiary, Curetis GmbH has gained the CE mark certification needed in the European Union for its COVID-19 test. Its share price is up