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ASOS Shares Dropped 6.65% on Mixed FY ’23 Trading Statement

The ASOS plc (LON: ASC) share price dropped 6.65% after releasing a trading statement for the 53 weeks to 3 September 2023, which marks the end of its 2023 financial year. After introducing the same twelve months ago, the fas

Asos store
Simon Mugo
Oxford Biomedica (OXB) Shares Rose 18.2% Despite Weak Ratings

The Oxford BioMedica plc (LON: OXB) share price has risen 18.22% in the past week despite most analysts downgrading the company and lowering their revenues and loss forecasts. Most analysts now rate the company much lower tha

Scientific research, medicine and laboratory tests
Simon Mugo
Eqtec Shares Fell 16.7% Despite Upbeat Gardanne Project Update

The EQTEC PLC (LON: EQT) share price fell 16.7% despite announcing an upbeat update about its French Biogaz Gardanne project at the former Gardanne power station. The company had completed the project's commercial and technic

Eqtec facility
Simon Mugo
Helium One (HE1) Share Price Fell As Drilling Began at Tai-3 Well

The Helium One Global Ltd (LON: HE1) share price fell 2.95% after the company began its drilling campaign at the Tai-3 well earlier today. The lack of enthusiasm from investors can be attributed to the significance of the dri

Helium One Global
Simon Mugo
Baron Oil (BOIL) Share Price Fell 6% on Mixed Interim H1 Results

The Baron Oil PLC (LON: BOIL) share price fell 6.06% after releasing its interim results for the six months ended 30 June 2023. The results contained an update on the Chuditch appraisal well that is set to be drilled by the c

Baron Oil logo
Simon Mugo
Aviva Shares Remain Muted Despite Acquiring AIG’s UK Business

The Aviva plc (LON: AV) share price remained muted after announcing that it would acquire AIG’s UK protection business for a total cost of £460 million. Investors barely reacted to the news because they might assume it would

Aviva Plc Office
Simon Mugo
Kibo Energy Share Price Dropped 9.1% on Another JVA Extension

The Kibo Energy PLC (LON: KIBO) share price dropped 9.09% after announcing that its UK-based multi-asset operator subsidiary Mast Energy Developments (MED) has extended the completion long-stop date for MED's first definitive

Kibo Energy logo
Simon Mugo
OptiBiotix Share Price Surged 23.6% on Boots Online Partnership

The OptiBiotix Health PLC (LON: OPTI) share price surged 23.6% after announcing that it had partnered with Boots, one of the largest retailers in the UK and Ireland with 58,000 employees in 2,200 shops across the United Kingd

Optibiotix logo
Simon Mugo
Kodal Minerals Shares Fell 2.91% on Latest Bouguoni Mine Update

The Kodal Minerals PLC (LON: KOD) share price fell 2.91% after issuing an update about the ongoing development of its Bouguoni Lithium mine in Mali and the funding package agreed with Hainan in January this year. The company

Kodal Minerals logo
Simon Mugo
UK Oil & Gas (UKOG) Share Price Rose 4.35% on Pinarova-1 Update

The UK Oil & Gas PLC (LON: UKOG) share price rose 4.35% after announcing that it had secured the larger and more powerful 7-inch perforating guns available for importation into Turkey. The new guns can penetrate the Pinar

Oil & Gas
Simon Mugo
JD Sports (JD) Share Price Rallied 8.19% on Its Interim H1 Results

The JD Sports Fashion PLC (LON: JD) share price rallied 8.19% after releasing its interim results for the 26 weeks to 29 July 2023. The company generated group revenues worth £4,783.9 million, marking an 8% improvement, trans

JD Sports store
Simon Mugo
Synairgen (SNG) Share Price Fell 10.9% on Its Interim Results

The Synairgen plc (LON: SNG) share price fell 10.9% after releasing its interim results for the six months ended 30 June 2023. The company had cash and deposit balances of £14.6 million as of 30 June 2023, compared to £18.0 m

Biotech Lab
Simon Mugo
Premier African (PREM) Shares Surged 10.2% on Zulu Mine Update

The Premier African Minerals Ltd (LON: PREM) share price surged 10.2% after issuing an update about its Zulu Lithium and Tantalum mine operations. The company noted that it had completed the installation of the Mill, includin

premier african minerals logo
Simon Mugo
Quantum Blockchain (QBT) Share Price Plunged 14.6% on Updates

The Quantum Blockchain Technologies PLC (LON: QBT) share price plunged 14.6% after announcing that it had difficulties designing chip improvements for Chinese-manufactured Bitcoin mining rigs, accounting for nearly three-quar

Quantum Blockchain
Simon Mugo
Oxford Biomedica (OXB) Shares Rallied 19.4% on ABL Europe Deal

The Oxford BioMedica plc (LON: OXB) share price rallied 19.4% after announcing that it was in exclusive talks with Institut Mérieux about the proposed acquisition of ABL Europe by the company as part of its transition into a

BioMedica plc (LON: OXB)
Simon Mugo
M&G (MNG) Shares Edged 4.3% on the Positive Half-Year Results

The M&G PLC (LON: MNG) share price edged 4.25% after the global investment manager reported its half-year results, which were better than expected. The company reported positive net client flows, excluding Heritage, of £0

M&G (LON: MNG)
Simon Mugo
Alien Metals (UFO) Share Price Rose 5.53% on High-Grade Assays

The Alien Metals Ltd (LON: UFO) share price rose 5.53% after announcing that it had encountered significant intersections of high-grade Direct Ship Ore (DSO) confirmed at its 90%-owned Hancock Project, including 78.2 metres a

Alien Metals logo
Simon Mugo
IQE Share Price Fell 1.91% Despite VisIC Technologies Partnership

The IQE plc (LON: IQE) share price fell 1.91% after announcing that it had entered into a strategic collaboration agreement with VisIC Technologies, a global leader in manufacturing GaN (Gallium Nitride) power solutions for t

IQE Plc exterior
Simon Mugo
Northcoders (CODE) Shares Plunged 41% on an Uncertain Future

The Northcoders Group PLC (LON: CODE) share price plunged 40.5% after releasing its interim results for the six months to 30 June 2023 (H1 2023). The company revealed that its revenues grew to £3.5 million during the period,

Northcoders staff
Simon Mugo
Ocado Shares Edged 5.13% Higher on Q3 Retail Trading Statement

The Ocado Group PLC (LON: OCDO) share price edged 5.13% higher after releasing its Ocado Retail trading statement for Q3 2023, representing 13 weeks to 27 August 2023. Ocado Retail is a joint venture between Marks & Spenc

Ocado delivery
Simon Mugo
Avacta Shares Rose 12.7% on Phase 1a Sixth Dose Trial Results

The Avacta Group Plc (LON: AVCT) share price rose 12.7% after announcing that it had completed the ALS-6000-101 Sixth Dose Escalation and Clinical Update. The company noted that the excellent safety profile of AVA6000 continu

Avacta office
Simon Mugo
Hutchmed Share Price Gapped 12% on a Delayed Response to News

The HUTCHMED (China) Ltd (LON: HCM) share price gapped 11.9% higher today despite the company's lack of news releases. Therefore, the gap higher could be attributed to positive investor sentiment or a delayed reaction to prev

Hutchmed logo
Simon Mugo
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