UK Stock News
BP Share Price Rallied 6.92% on Upbeat Q4 and FY 2023 Results
The BP plc (LON: BP) share price rallied 6.92% after its Q4 and full-year 2023 results were released. The underlying replacement cost profit for the quarter stood at $3.0 billion, a decrease from the $3.3 billion reported in
Lloyds Banking Share Price Fell 2% on Iran Sanctions Rumours
The Lloyds Banking Group PLC (LON: LLOY) share price fell 2% following a report by the Financial Times (FT) indicating that Iran utilised accounts at Lloyds Bank and Santander to clandestinely transfer funds globally, circumv
Here’s Why the Superdry Share Price Soared 98% on Friday
The Superdry PLC (LON: SDRY) share price soared 98.11% on Friday after issuing a statement saying that the fashion retailer’s CEO, Julian Dunkerton, was considering making an all-cash offer to acquire shares of the company th
Applied Nutrition Plans To IPO on the LSE at a £1Bn Valuation
According to Sky News, Applied Nutrition, a company headquartered in Liverpool, known for producing nutritional supplements favoured by professional athletes and fitness fans, is currently discussing a potential listing in Lo
CMC Markets’ Share Price Surged 16.2% on Plans To Cut 200 Jobs
The CMC Markets Plc (LON: CMCX) share price surged 16.2% after releasing an update about its cost reduction and efficiency plans. Today, the prominent global online retail ("Direct to Consumer" or "D2C") and institutional ("B
UK Market Dynamics This Week (2024 Wk6) – Economic Data & Earnings
As we step into a new week, there are some important data points on the horizon for the key UK index and beyond. The FTSE 100, a barometer for the UK's economic pulse, is at the centre of our regular radar, and whether you're
HgCapital Trust Shares Rose 1.76% After Investing in GGW Group
The HgCapital Trust plc (LON: HGT) share price rose 1.76% after announcing its investment in the expansion of GGW Group ("GGW"), a premier insurance brokerage platform serving the European small and medium-sized enterprise ("
Apax Global Alpha Ltd Shares Edged Higher on WGSN Acquisition
The Apax Global Alpha Ltd (LON: APAX) share price edged higher after funds it advises acquired WGSN for €21.5 million. The closed-ended investment firm noted that Apax Private Equity Funds invested in WGSN via a look-through
YouGov Shares Fell 4.3% on Its Mixed H1 FY 2024 Trading Update
The YouGov Plc (LON: YOU) share price fell 4.29% after providing an update on its trading performance for the six months ended 31 January 2024. YouGov demonstrated a robust operational stance throughout this period, navigatin
Wizz Air’s Share Price Rallied 6.28% on the Latest Passenger Data
The Wizz Air Holdings PLC (LON: WIZZ) share price rallied 6.28% after the budget airline released its latest passenger numbers and CO2 emissions data for January 2024. During the first month of 2024, Wizz Air experienced a si
Airtel Africa Share Price Rallied 5.18% on 9-Month Trading Update
The Airtel Africa PLC (LON: AAF) share price rallied 5.18% after releasing its trading update for the nine months to 31 December 2023. The telecommunications company saw a significant expansion in its customer base, which sur
AG Barr’s Share Price Edged Up 2.0% on FY 2024 Trading Update
The A G Barr PLC (LON: BAG) share price increased 2.02% after issuing a trading update for the year ending 28 January 2024. The company’s projected revenues stand at approximately £400 million, marking a year-on-year increase
Shell Share Price Rose 2.5% on Q4 and FY 2023 Trading Results
The Shell PLC (LON: SHEL) share price rose 2.5% after releasing its Q4 and full-year trading results for the 2023 financial year, which ended 31 December 2023. An improvement influenced earnings for Shell plc shareholders in
BT Group Shares Spiked 5.66% on a Trading Update but Later Fell
The BT Group (LON: BT.A) share price spiked 5.66% after issuing a trading update for the nine months ended 31 December 2023. The telecommunications company reported that the rate of FTTP (Fiber to the Premises) construction
Nuclera, a UK Biotech Firm, Seeks a New York IPO Instead of a UK One
Nuclera, a burgeoning life sciences startup, is considering a public listing in New York within the next five years as it nears the prestigious unicorn status. Originating from Cambridge University, Nuclera specialises in exp
Raspberry Pi Prepares for a UK IPO, Uplifting the London IPO Market
Raspberry Pi, renowned for its user-friendly computers aimed at coding enthusiasts, has initiated preparations for an initial public offering (IPO) in London with the assistance of Peel Hunt and Jefferies banking advisors. Th
FDM Group’s Share Price Dropped 3.48% on the Full-Year Update
The FDM Group (Holdings) PLC (LON: FDM) share price dropped 3.48% after issuing its year-end trading update. The company is a leading global provider specialising in Information Technology services. It announced an interim tr
GSK Share Price Fell 1.29% After Its Final Results for Fiscal 2023
The GSK plc (LON: GSK) share price fell 1.29% after releasing the final results of its 2023 fiscal year. The company achieved significant growth, leading to an enhanced forecast for future growth. The company's sales, profits
Saga Shares Rose 9.43% on Its H2 ’24 Trading Update, Later Fell
The Saga PLC (LON: SAGA) share price rose 9.43% after releasing a half-year trading update from 1 August 2023 to 29 January 2024. The Group forecasts a promising financial outlook for 2023/24, expecting to report revenue grow
British Airways Owner (IAG) Shares Fell 1.2% on Rating Downgrade
The British Airways owner, International Consolidated Airlines Grp SA (LON: IAG) share price fell 1.18% after analysts at Morgan Stanley downgraded the airline group. In a recent analyst report, Morgan Stanley adjusted its ra
Diageo Share Price Fell 4.13% on Weak H1 Fiscal 2024 Results
The Diageo plc (LON: DGE) share price fell 4.13% after releasing the interim results for the first half of its 2024 financial year. The company noted that it experienced robust cash generation during a challenging first half,
Pets at Home Share Price Fell 6.64% on Mixed Q3 FY ’24 Results
The Pets at Home Group PLC (LON: PETS) share price fell a maximum of 6.64% as of 8:50 GMT after releasing its Q3 fiscal 2024 results for the 12 weeks ended 4 January 2024. The company’s Q3 consumer revenue saw a 6.0% increase
GSK Share Price Rose 0.89% as the EMA Reviews Its RSV Drug
The GSK plc (LON: GSK) share price rose 0.89% after announcing that its respiratory syncytial virus (RSV) vaccine, Arexvy, has been submitted for review by the European Medicines Agency (EMA) for use in preventing RSV in adul