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Ocado Invests £10m In Autonomous Vehicle Software Firm Oxbotica
Shares of online grocery platform Ocado (LON: OCDO) rose at the open on Friday after the company announced it has invested £10 million in autonomous vehicle software company Oxbotica. Oxbotica, headquartered in Oxford, will partner with Ocado to c
Dell Shares Rally Following VMWare Spin-Off Announcement
Dell Technologies (NYSE: DELL) share price is rallying after the company announced plans to spin off its ownership stake in VMWare. Negotiations about a potential spin-off had been ongoing for months but are now confirmed, with the move set to gen
Luckin Coffee Shares Jump Premarket On Investment Agreement
Remember Chinese coffee chain Luckin Coffee (OTC: LKNCY)... The company’s share price is rising premarket, up 10.4% at $10.56 after it announced it has entered into an investment agreement with a Centurium Capital affiliate as the lead investor an
Asiamet Resources Shares Edge 12.2% Higher as Investors Finally Notice of the Miner
Shares of Asiamet Resources Ltd (LON: ARS) edged 12.2% higher as investors finally started paying attention to the copper and gold mining company operating in key growth markets within the Asian continent. Analysts at Optiva Securities, a London-b
Panther Metals Shares Gain As It Plans to List Australian Assets
Mineral exploration firm Panther Metals (LON: PALM) share price is trading higher after the company announced its intention to pursue a listing of its Australian assets on the Australian Securities Exchange (ASX). In preparation for the listing, t
Costain Shares Are Up 62% Over the Past Six Months, Can They Keep Rising?
Shares of Costain Group PLC (LON: COST), a British technology and engineering group, are up 62% over the past six months, buoyed by the recovery witnessed in the UK equity markets. Can the shares keep rising? To answer the above question, we first
Diurnal Group Shares Fall As it Withdraws Orphan Designation Maintenance Application
Shares of pharmaceutical company Diurnal Group (LON: DNL) are trading lower on Thursday following the company’s announcement that it has decided to withdraw its application for the maintenance of Orphan Designation in Europe for Efmody. The AIM-li
Centamin Shares Are Trading Near Their 12-Month Lows and Appear Ready To Breakout
Shares of gold mining company Centamin PLC (LON: CEY) have fallen 33% over the last six months in line with the decline witnessed in gold prices leading to its shares currently trading near their March 2020 lows. Investors ignored the company upbe
Ascential Shares Rise After Acquiring Perpetua Labs
Shares of information, analytics and eCommerce optimisation company Ascential plc (LON: ASCL) are edging higher on Thursday, currently up 1.52% at 360.6p. The rise has followed the company’s announcement that it has acquired Perpetua Labs Inc, an
Cellular Goods Shares Are Down 69.7% From Their IPO Highs, Should You Buy Them?
Shares of Cellular Goods PLC (LON: CBX) are down 69.7% from its IPO highs as investor took profits on their positions. Should you buy them? However, its decline is not unusual given that all the three cannabis companies listed on the London Stock
Botswana Diamonds Shares Climbs As Second Stage Drilling Campaign To Begin
Shares of AIM-listed Botswana Diamonds are rising on Thursday after the company announced that a further drilling programme on its Thorny River diamond prospect in the Limpopo Province of South Africa will begin Monday, the 19th of April 2021. The
Clarifai Partners With Palantir on its Data Management Platform
AI lifecycle platform provider Clarifai said it has partnered with Palantir Inc (NYSE: PLTR) to deliver its Artificial Intelligence and Machine Learning algorithms on Palantir's data management platform. The partnership will be part of the U.S. Ar
Tavistock Investments Says Shareholders Will Reject TEAM Offer
Tavistock Investments (LON: TAVI) revealed on Wednesday that it has received numerous letters from shareholders stating their intention to reject the possible all-share offer by TEAM plc (LON: TEAM). The letters of intent represent, in aggregate,
Sound Energy Shares Rally 28% After Bondholders Approve Notes Restructuring Plan
Shares of Sound Energy PLC (LON: SOU) rallied 28% after bondholders approved the restructuring of €28.8 million 5.0% senior secured notes due in June 2021. We recently covered the company and said that we would be monitoring it to see if the bondh
Harbour Energy Shares Edged 4.54% Higher for the First Time in 6 Days, Have They Bottomed?
Shares of Harbour Energy PLC (LON: HBR) edged 4.54% higher in its first positive day since the former Premier Oil shares started trading as Harbour Energy shares after completing the reverse merger between Chrysaor and Premier Oil on April 1. The
Galectin Therapeutics Shares Rally Premarket, Here’s Why
Shares of Galectin Therapeutics Inc. (NASDAQ: GALT) are one of the biggest gainers premarket on Wednesday, rising over 26% to $2.73, erasing the past week’s losses. The rally has come on the back of Tuesday evenings announcement regarding a paper
ARC Minerals Shares Are Trading Sideways After Falling From All-Time Highs, What’s Next?
Shares of ARC Minerals Ltd (LON: ARCM) are trading sideways after falling from their all-time highs hit in mid-March. The decline was fueled by the firm’s £1.8 million capital raise via a discounted placement of 27.7 million shares at 6.5p each. I
Phoenix Copper Shares Climb As Land Holdings Increase 1,160 Acres
Phoenix Copper’s (LON: PXC) share price is rising on Wednesday after the company announced the addition of 58 unpatented lode claims and 56 unpatented mill site claims to the Empire Mine in Idaho. The additions expand the operational footprint of
Iconic Labs Shares Fell 14.8% After Greencastle Issues a Statutory Demand Letter
Shares of Iconic Labs PLC (LON: ICON) dropped 15.7% after the company revealed that it had been served with a statutory demand letter for £58,668 from Greencastle Media for various funds assigned by its former directors. The demand letter subtract
Rockfire Resources Shares Gain As Copper Dome Target Larger Than First Thought
Shares of gold and base metal exploration company Rockfire Resources (LON: ROCK) are climbing on Wednesday after the company said a recent helicopter-supported geophysical survey has returned a much larger target than initially thought at its 100%-ow