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Kin and Carta Shares Surged 41.2% on £203M Apax Takeover Offer

The Kin and Carta PLC (LON: KCT) share price surged 41.21% after announcing that it had accepted a takeover deal from Kelvin UK Bidco Limited (BidCo) valuing each of its shares at 110p, for a total valuation of £203 million o

Simon Mugo
Pendragon Share Price Fell 9.5% on the AutoNation Bid Withdrawal

The Pendragon PLC (LON: PDG) share price fell 9.50% after U.S.-based automotive giant AutoNation made a significant decision regarding its involvement with British automotive retailer Pendragon, as revealed on Tuesday. AutoNa

Pendragon logo
Simon Mugo
Aviva Shares Edged 0.9% Higher on Wealth Business Presentation

The Aviva plc (LON: AV) share price edged 0.9% higher after announcing it would host a special 'In Focus' briefing for investors and analysts, spotlighting its wealth business. The event, which began at 10:00 am (GMT), is led

Aviva logo
Simon Mugo
THG Share Price Rallied 10% on the Upbeat Q3 ’23 Trading Update

The THG PLC (LON: THG) share price rallied 10% after announcing its trading results for the three months to 30 September 2023 and the nine months to the same date. The company reported its best quarterly performance in Q3 des

THG PLC (LON: THG)
Simon Mugo
Rolls-Royce’s (RR) Shares Edged Up 2.53% on Restructuring Plans

The Rolls-Royce Holdings PLC (LON: RR) share price edged 2.53% higher after announcing plans to create a simpler, more streamlined organisation as the next phase of its transformation plan, which spans multiple years.

Rolls Royce engine
Simon Mugo
Amigo Shares Suspended From the LSE on a Proposed Transaction

The Amigo Holdings PLC (LON: AMGO) share price was suspended from trading on the London Stock Exchange’s (LSE’s) main market today after announcing that it had agreed with Craven House Capital plc to acquire a music streaming

amigo loans logo
Simon Mugo
NEXT Share Price Edged 2.1% Higher on the FatFace Acquisition

The NEXT plc (LON: NXT) share price edged 2.1% higher after announcing that it had signed a deal to acquire FatFace for a total consideration of £115.2 million ($140 million) in equity value. The company noted that it intends

Next store
Simon Mugo
Boohoo Shares Trade Sideways As Frasers Group Increases Stake

Today, the Boohoo Group PLC (LON: BOO) share price alternated between gains and losses after the company announced that Frasers Group had increased its stake from 13.44% to 15.12%. The move comes when Boohoo shares have trade

Boohoo office
Simon Mugo
Helium One (HE1) Shares Gapped Up 11% After Resuming Drilling

The Helium One Global Ltd (LON: HE1) share price gapped up 11% after revealing that the drilling of the Tai-3 well had successfully recommenced after stopping on Wednesday, 4 October 2023, after the drill rig suffered a compo

Helium One logo
Simon Mugo
ITM Power’s Share Price Rose 5.84% After Entering the US Market

The ITM Power plc (LON: ITM) share price rose 5.84% after announcing its official entry into the United States market. The company noted that it would pursue an asset-light business model to quickly gain a presence in the cou

ITM Power plc (LON: ITM) Electrolyser
Simon Mugo
TomCo Energy Share Price Rallied 18.2% on a £100K Capital Raise

The TomCo Energy Plc (LON: TOM) share price rallied 18.2% after announcing that it had raised gross proceeds of £100,000 through a subscription for 125,000,000 new ordinary shares priced at a premium of 0.08p each. The rally

TomCo Energy
Simon Mugo
Loungers (LGRS) Shares Rose 2.67% on H1 FY’24 Trading Update

The Loungers PLC (LON: LGRS) share price rose 2.67% after releasing a trading update for the 24 weeks ended 1 October 2023. The company reported that its like-for-like sales had accelerated growth and opened 16 new sites duri

Loungers Lounge Cafe
Simon Mugo
COPL Share Price Fell 4.2% After Closing Financing To Raise $4M

The Canadian Overseas Petroleum Limited (LON: COPL) share price fell 4.2% after announcing that it had completed the capital raise first announced on 6 October 2023. The company raised US$4 million by selling shares price at

COPL Wyoming
Simon Mugo
Restaurant Group (TRG) Shares Soared 37.8% on Takeover Offer

The Restaurant Group PLC (LON: RTN) share price soared 37.84% after announcing that it had reached a deal to be acquired by Rock BidCo Limited, a special-purpose vehicle indirectly owned by the Apollo Funds. Affiliates of Apo

Restaurant Group stores
Simon Mugo
SIG Plc’s Share Price Crashed 25% on a Reduced FY Profit Range

The SIG plc (LON: SHI) share price crashed 25.05% after issuing a trading update for the three months ended 30 September 2023, its fiscal third quarter. The company’s like-for-like (LFL) sales fell 2% during the quarter compa

SIG-lory
Simon Mugo
3 London-Listed Stocks That Will Continue to Benefit From High Interest Rates

Despite the recent pause from the BoE, interest rates in the UK look set to remain high, with inflation remaining sticky. And according to the IMF, a further rate rise is possible.

Bank of England
Sam Boughedda
EasyJet Share Price Fell 3.81% on Mixed FY 2023 Trading Results

The EasyJet plc (LON: EZJ) share price fell 3.81% after releasing a trading update for the financial year ended 30 September 2023. The airline’s pretax profits during Q4 2023, its strongest quarter, rose to between £650 and £

Easyjet plane
Simon Mugo
Darktrace Shares Plunged 7.4% on Q1 Fiscal 2024 Trading Update

The Darktrace PLC (LON: DARK) share price plunged 7.36% after releasing a trading update for the first quarter (Q1) of its 2024 financial year, covering the three months to 30 September 2023. The company revealed that its Ann

Darktrace photo
Simon Mugo
QinetiQ (QQ) Shares Edged Higher for the Third Day on Q2 Results

The QinetiQ Group plc (LON: QQ) share price increased for the third day after the company released a trading update about its performance in Q2 2023. The company delivered an impressive second-quarter performance, improving i

Qinetiq defense plane
Simon Mugo
Burberry (BRBY) Share Price Fell 4.57% on Weak LVMH Q3 Sales

The Burberry Group plc (LON: BRBY) shares fell 4.57% after fellow luxury brand LVMH reported slowing sales growth in its critical American and European markets for luxury goods. The company’s shares fell because it designs an

Burberry store
Simon Mugo
Why the Marston’s Share Price Spiked 6.02% High, Then Later Fell

The Marston's PLC (LON: MARS) share price spiked 6.02% after issuing a trading update for the 52 weeks to 30 September 2023. The company’s total retail sales from its franchised and managed pubs were up 11.3% compared to last

Martson's
Simon Mugo
Baron Oil (BOIL) Shares Traded Flat on Chuditch-2 Well Location

The Baron Oil PLC (LON: BOIL) share price traded flat after releasing a report detailing the location of its planned Chuditch-2 appraisal well in Timor Leste. The company issued a report detailing all the reasons behind the c

Baron Oil logo
Simon Mugo
Rolls-Royce Shares Have Risen 122.7% This Year. What’s Next?

The Rolls-Royce Holdings PLC (LON: RR) share price has performed exceptionally well this year, up 122.7% after the recent pullback. However, the question remains: will the rally continue, or what comes next for the company?&n

Rolls Royce engine
Simon Mugo