So, US equities follow their European counterparts in closing the day higher.
That’s all from us for the evening. See you tomorrow!
Workhorse Group’s share price has had a great day, up 24.48%, trading at $19.32 after Lordstown Motors, which WKHS owns a 10% stake in, entered into a definitive merger agreement with DiamondPeak Holdings.
Pitney Bowes shares are trading 45% higher at $4.85 per share after the company announced it has won a government contract worth $5 million for its shipping and mailing technology.
Virgin Galactic shares are up 6.90%, trading at $24 per share after the company signed a non-binding Memorandum of Understanding with Rolls-Royce to collaborate in designing and developing engine propulsion technology for high-speed commercial aircraft.
Here are some more US market movers so far today (Yes its a bit of a slow news day)…
Riot Blockchain +39%
Jumia Technologies +35%
Highway Holdings +23%
Eastman Kodak -32%
Marathon Patent (MARA) stock is up over 100% at $4.06.
We are yet to see any news, but DDTG’s Dave Portnoy told his followers to “Get in on MARA early.”
As you can see below, the amount of Robinhood traders that bought into the stock today has skyrocketed.
Varian Medical Systems stock is trading 21.85$ higher at $173.91 after the company announced on Sunday that it will be acquired by Siemens Healthineers for $177.50 per share, $16.4 billion.
An extremely strong day for European equities. US equities are still going strong.
AstraZeneca shares are trading higher, possibly due to vaccine hopes…
Shares are up 2.81% at $57.35 per share
Marathon Patent +77%
Cymbay Therapeutics +39%
Tiziana Life Sciences -20%
Shares in DiamondPeak Holdings jumped over 12% after it entered into a merger agreement with Lordstown. The combined company will remain listed on the NASDAQ under the new ticker symbol “RIDE”.
Shares are currently trading at $11.37, +11.04%
After opening up over 200% higher, Datasea Inc is now trading +160.82% at $5.06 after the company announced it has signed its first agreement in Beijing to install its proprietary monitoring system.
ADT stock is now up 68.41% after the deal with Google…
Here is more on the story – BORR DRILLING (BORR) STOCK JUMPS AFTER FRESH RIG AWARDS
Mitchells & Butlers shares have plummeted so far today, dropping 8%.
We are yet to see any news on why, but it could be to do with talks in the UK over the weekend that bars and pubs could close so that schools can reopen.
MAB’s share price is currently at 142.6 GBX, down 6.82%.
Google will invest $450 million to acquire a 6.6% ownership in ADT
Versarien shares have soared higher this morning after the company launched its first graphene-enhanced protective face mask.
Shares are currently trading at 44 GBX, +7.32%
According to Reuters, TikToks’ parent company, ByteDance’s bid to relocate from Beijing to London has been approved by the UK government.
According to Bloomberg, Apple has bought Canada-based contactless mobile payment firm Mobeewave for $100 million
Riverstone Energy +15%
LleidaNetworks Serveis Telematics +5%
HSBC’s share price has fallen 3.84% so far after profits plunge in the second quarter.
Currently trading at 329.05 GBX
Good morning traders.