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NIO Shares Fall As it Warns Chip Shortage Will Impact Production
Shares of NIO are down so far on Tuesday after the company reported mixed Q4 earnings, and its CEO said on a call with analysts that shortages in chips and batteries will force production to slow.Â
Great Elm Healthcare Stock Rises As Subsidiary Makes Acquisitions
Tuesday’s premarket session has seen Great Elm Group (NASDAQ: GEG) shares climb after the company said a subsidiary of Great Elm Healthcare, Focus Respiratory LLC, has acquired Advanced Medical DME, LLC and PM Sleep Lab, LLC. The acquired companie
Flutter Entertainment Shares Fell as Its $11B Mega-Merger Eroded Its 2020 Profits
Shares of Flutter Entertainment PLC (LON: FLTR) fell after the company 2020 profits tanked due to the costs of its $11 billion merger with The Stars Group, finalised in May 2020. The company reported that its revenues rose 106% to £4.3 billion ($6
ECR Minerals Shares Are Down 10.3% in 2021 Despite Positive Updates, Can They Rally?
Shares of ECR Minerals PLC (LON: ECR) are down 10.3% since the start of 2021, having recouped some of its heavier losses incurred in January, can the miner’s shares rally back into positive territory. The company recently completed its first drill
Kaixin Auto Shares Jump 22% Premarket After Sales Contracts
Kaixin Auto Holdings (NASDAQ: KXIN) shares are rallying premarket on Tuesday after the company said Haitaoche Limited, through its subsidiaries, has entered into two vehicles sales framework contracts with third-party customers. The company entere
Lookers Shares Rally 14% After FCA Drops Mis-Selling Investigation, Upgraded Rating
Shares of Lookers PLC (LON: LOOK) rallied 14% after the UK car retailer announced that the UK’s Financial Conduct Authority (FCA) had closed its investigation into its possible mis-selling products. Lookers shares rallied to their current prices a
Amigo Loans (AMGO) Shares Surge 21.3% as Institutions Buy More Shares
Shares of Amigo Holdings PLC (LON: AMGO) surged 21.3%, building on yesterday’s massive 35.8% rally as institutional investors led by J.P.Morgan upped their stakes in the troubled lender despite the significant pending issues that are yet to be resolv
Groupon Shares Continue To Climb Following JPMorgan Upgrade
Shares of Groupon (NASDAQ: GRN) are continuing to climb on Monday following last week’s fourth-quarter earnings report. The eCommerce firm reported its fourth-quarter revenue at $343 million, with revenue for the full year 2020 at $1.4 billion. Th
Electrocore Shares Gain On Medistar Distribution Agreement
Bioelectronic medicine company electroCore’s (NASDAQ: ECOR) shares are gaining on Monday after the company announced it has entered into an agreement with Medistar2 that will see them serve as the gammaCore Sapphire distributor in Australia. The g
Socket Mobile Shares Surge After Licensing SpringCard Technology
Socket Mobile’s (NASDAQ: SCKT) shares are surging premarket, up over 25% after the company said it has licensed SpringCard SAS core contactless technology. SpringCard SAS is a company that designs and produces contactless readers by combining diff
4D Pharma Shares Extend 2-Day Losses as Investors ‘Sell the News’ To Cash In
Shares of 4d Pharma PLC (LON: DDDD) fell for the second consecutive day today as investors cashed in following the US Securities and Exchange Commission (SEC)’s approval of its Nasdaq dual-listing on Friday. The drop in the biotech company’s stock
Wildcat Petroleum Shares Rally After Appointment of Blockchain Advisor
Shares of Wildcat Petroleum (LON: WCAT) are rallying on Monday following the announcement that it has appointed Professor Olinga Taeed as its Blockchain Advisor. “The Directors of Wildcat consider Professor Taeed to be a world leading expert in cr
Eve Sleep Shares Soar 35.7%, Driven by the Market Frenzy About Cannabis Stocks
Shares of Eve Sleep Plc (LON: EVE) soared 35.7%, benefitting from the surge in cannabis stocks listed on the LSE despite the company’s lack of announcements. Investors dug up a press release about Eve Sleep partnering with Sana Lifestyle, a distri
Braveheart Investment’s Paraytec Sample Pipeline Fully Operational – Shares Fall
Braveheart Investment (LON: BRH) announced on Monday that Paraytec Limited's clinical sample pipeline for its Covid-19 test is now fully operational. Paraytec, who are owned by Braveheart, is working in conjunction with the University of Sheffield
Catenae Innovations Shares Spiked 13.5% Higher, But Later Fell as Momentum Waned
Shares of Catenae Innovation PLC (LON: CTEA) spiked higher despite the lack of significant announcements from the digital media and technology company. The company’s shares benefitted briefly from the buzz created after the UK government asked it
FastForward Innovations Shares Traded Sideways Despite Cellular Goods IPO Profits
Shares of FastForward Innovations Ltd (LON: FFWD) traded sideways despite the company reporting that it acquired a stake in Cellular Goods Plc, which IPO’d on Friday. FastForward typically invests in fast-growing and innovative businesses invested
Shield Therapeutics To Raise £25m – Shares Slide
Shield Therapeutics (LON: STX) shares have fallen on Friday after the company said it is to raise £25 million through a share placing and subscription. The placing is to raise funds to market it's Accrufer iron deficiency treatment in the US. T
Novavax Shares Edge Higher After Takeda License Agreement
Shares of biotechnology company Novavax (NASDAQ: NVAX) are creeping higher on Friday after the announcement of progress in its collaboration with Takeda Pharmaceutical Company Limited. The two firms have signed a licence agreement for Takeda to de
Armstrong Flooring Shares Rally On $76.7 Million California Property Sale
Shares of floor designer and manufacturer Armstrong Flooring (NYSE: AFI) are rallying premarket on Friday after the company announced it has entered into an agreement to sell its production facility, warehouse and real estate property located in Sout
Beyond Meat Shares Climb On Mcdonald’s Deal But Losses Widen
Beyond Meat (NASDAQ: BYND) shares are climbing premarket on Friday after it said it has struck McDonald’s and Yum Brands deals. Beyond’s stock price initially fell following Thursday’s announcement after it also reported disappointing earnings.