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Superdry Shares Plunge 28.4% on Weak H1 Fiscal 2024 Revenues

The Superdry PLC (LON: SDRY) share price plunged a maximum of 28.4% as of 0840 GMT after providing an update on its performance for the fiscal year 2024, covering the 26 weeks up to October 28, 2023, and the subsequent 6-week

Superdry store
Simon Mugo
IP Group Shares Rose 5.79% on a £20M Share Buyback Program

The IP Group Plc (LON: IPO) share price rose 5.79% after announcing the launch of a share buyback initiative to enhance shareholder value and address the prevailing discount between the Company's share price and its Net Asset

IP Group office
Simon Mugo
Games Workshop Share Price Spiked 3.91% on Amazon Partnership

The Games Workshop Group PLC (LON: GAW) share price spiked up 3.91% after announcing that it had forged an exclusive partnership with Amazon to bring the beloved Warhammer 40,000 universe to life on the big and small screens

Simon Mugo
Unilever Share Price Fell After Selling Elida Beauty to Yellow Wood

The Unilever plc (LON: ULVR) share price fell 0.76% after the company decided to sell its Elida Beauty business division to Yellow Wood Partners. The consumer goods giant announced the decision earlier today, given that the d

Unilever logo
Simon Mugo
Rolls Royce Shares Rose on Talks of Nuclear Reactors in Ukraine

The Rolls-Royce Holdings PLC (LON: RR) share price rose on news that the company was in talks with Ukrainian commercial energy operator DTEK to build small nuclear reactors in the country. 

Rolls Royce engine
Simon Mugo
Getech Group’s Share Price Crashed 29.7% After Trading Update

The GETECH Group Plc (LON: GTC) share price crashed 29.7% after releasing its trading update for the fiscal year ending December 31, 2023. The report highlights current positive and negative trends that are expected to impact

Getech logo
Simon Mugo
Naked Wines’ Share Price Rallied 12.5% on Its Half-Year Results

The Naked Wines PLC (LON: WINE) share price rallied 12.5% as of 10:49 GMT after releasing its half-year results for the 26 weeks that ended on 2 October 2023. The company’s total revenue amounted to £132.3 million, reflecting

Naked Wines
Simon Mugo
Trainline Share Price Soared 22.6% on DfT Rail Ticketing Changes

The Trainline PLC (LON: TRN) share price soared 22.6% after Britain’s Department for Transport (DfT) abandoned plans for a Great British Railways ticketing website and app. The shares surged 22.6% to 347p by 0931 GMT, a peak

Trainline Group
Simon Mugo
Jubilee Metals’ Share Price Plunged 16.1% on £10M Capital Raise

The Jubilee Metals Group PLC (LON: JLP) share price plunged 16.09% as of 09:13 GMT after announcing plans to raise up to £10 million (about US$12 million), before expenses, by issuing new ordinary shares in the company’s capi

Jubilee Metals
Simon Mugo
Bunzl Share Price Rose 2.77% on Its Pre-Close Trading Statement

The Bunzl plc (LON: BNZL) share price rose 2.77% after issuing its pre-close trading statement for the year ending 31 December 2023. The company upgraded its 2023 profit outlook and announced three further acquisitions. 

Bunzl Worker and truck
Simon Mugo
Capita Share Price Traded Sideways on the Latest Trading Update

The Capita PLC (LON: CPI) share price traded sideways after releasing its latest trading update for the 11 months to 30 November 2023. Capita plc has reported a notable improvement in its operational performance and financial

Capita Office Cheltenham
Simon Mugo
BAE Systems Share Price Fell 3.72% on Trilateral Fighter Jet Treaty

The BAE Systems plc (LON: BA) share price fell 3.72% despite news of its involvement in the three-nation treaty between Japan, the UK and Italy. The company is one of the defence contractors involved in developing the advance

BAE Systems & Munitions
Simon Mugo
Currys Share Price Surged 11% on Its Half-Year Trading Statement

The Currys PLC (LON: CURY) share price surged 11.29% after releasing its unaudited half-year results for the six months to 28 October 2023. The group’s like-for-like (LFL) revenue decreased by 4%; on a constant-currency basis

Currys store
Simon Mugo
Serco Group Share Price Rallied 5.72% on a Pre-Close Statement

The Serco Group plc (LON: SRP) share price rallied  5.72% after releasing its pre-close trading statement for its 2023 financial year. The company generated revenues worth at least £4.8bn in 2023, with a reported growth of ar

Serco
Simon Mugo
National Grid Shares Fell, Then Rose on Ofgem’s Announcement

The National Grid plc (LON: NG) share price fell, then rose later after Ofgem released its consultation documents specifically tailored to the UK Electricity Transmission business, focusing on the RIIO-T3 regulatory period se

Simon Mugo
Octopus Renewables (ORIT) Shares Rose 2.1% on Wind Farms Sale

The Octopus Renewables Infrastructure Trust PLC (LON: ORIT) share price rose 2.05% after announcing that it had successfully completed the sale of the Krzecin and Kuslin onshore wind farms in Poland, to an affiliate of ORLEN

Octopus Renewables Infrastructure Trust
Simon Mugo
Spectris (SXS) Shares Traded Sideways Amid £50M Share Buyback

The Spectris plc (LON: SXS) share price traded sideways despite announcing that it had initiated the first phase of its share repurchase program, which is part of the up to £150 million share buyback announced on December 11,

Spectris Plc logo
Simon Mugo
Walgreens (WBA) Shares Edged Higher on Boots UK IPO Rumours

The Walgreens Boots Alliance Inc (NASDAQ: WBA) share price increased after rumours emerged that it was considering an IPO of its UK pharmacy chain, Boots. The news broke via Bloomberg, which cited sources familiar with the ma

Boots Pharmacy1
Simon Mugo
Chemring Share Price Fell 1.76% on Upbeat Full-Year ’23 Results

The Chemring Group plc (LON: CHG) share price fell 1.76% after releasing its full-year results for the twelve months ended 31 October 2023. The company achieved a record order intake of £756 million, witnessing growth in both

Chemring office
Simon Mugo
AstraZeneca Share Price Edged Up 1.87% on $1.1Bn Acquisition

The AstraZeneca plc (LON: AZN) share price edged up 1.87% after announcing that it had finalized an agreement to acquire Icosavax, Inc., U.S.-based biopharmaceutical company specializing in the development of unique, promisin

AstraZeneca Office
Simon Mugo
Unilever Shares Fell Then Rose on CMA’s Greenwashing Claims

The Unilever plc (LON: ULVR) share price fell initially after the UK's Competition and Markets Authority (CMA) announced it will closely examine environmental claims made by the British consumer goods conglomerate Unilever, f

Unilever Nigeria Plc
Simon Mugo
BT Group Share Price Fell 4.53% on Ofcom’s Pricing Suggestions

The BT Group Plc (LON: BT.A) share price fell 4.53% after Britain’s telecommunications regulator Ofcom issued a ban on confusing contracts that were not providing sufficient clarity to customers regarding their monthly paymen

BT Group logo
Simon Mugo
GSK Shares Traded Sideways Despite EU Approving Cancer Drug

The GSK plc (LON: GSK) share price traded sideways after the global pharmaceuticals company announced that it had received marketing authorisation from the European Commission (EC) for Jemperli (dostarlimab) in combi

GSK-Unveils-New-Logo
Simon Mugo