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Hut 8 Mining Stock Plunged 5% on Q4 Loss. Is the Firm’s HODL Strategy Working?

Key points: Hut 8 Mining stock plunged  5% as the companies swung to a loss. The bitcoin miner has been increasing its mining capacity to date. The loss came from a

Simon Mugo
Deepverge (DVRG) Shares Surged 10.2% on £25M Loan Facility and Glanaco Acquisition

Key points: Deepverge shares surged 10.2% after securing a  £25 million loan facility. The company also acquired Glanaco Limited, an engineering company. However, DV

Simon Mugo
TD Holdings, GLG, Up 70% Premarket – This Might Not Hold?

Key points: TD Holdings, the Chinese metals broker, is up 70% premarket This is off the back of Fiscal Year 2021 results They’re good, but perhaps not as good as is though

Tim Worstall
Tim Worstall
Cineworld Shares Edged Higher As Its Revenues Surged to $1.8Bn. What’s Next?

Key points: The Cineworld share price edged higher after its full-year revenues rose. As a result, its losses shrunk to $565.8 million in 2021 from $2.65 billion. Ho

Simon Mugo
88 Energy, 88E, Shares Up 5% On Merlin-2 Drilling – More To Come?

Key points: 88 Energy shares have risen 5% on hte back of the Merlin-2 announcement The surface hole is drilled, the exploration hole about to start The next two weeks wil

Tim Worstall
Tim Worstall
Alba Minerals Shares Down 5% On GreenRoc – Why?

Key points: Alba Minerals reports on its investee company, GreenRoc Alba shares fall 5% - but the report is good Why does this happen?

Tim Worstall
Tim Worstall
Rainbow Rare Earths (RBW) – Good Strategy, Can They Execute?

Key points: Rainbow has a decent strategy on rare earths They are there, they can be extracted But can they execute the strategy?

Tim Worstall
Tim Worstall
Synairgen (SNG) Shares Plunged 34.5% on Further Setbacks in Its COVID-19 Clinical Trials

Key points: Synairgen shares plunged 34.5$ after the US halted its COVID-19 trials. The ACTIV-2 program halted the recruitment of patients for phase 3 trials. Today’

Simon Mugo
Kohl’s Stock Jumps 14% as Buyout Interest Increases, Who’s Looking?

Key points: KSS stock soared over 14% in mid-market trading, following news of potential bids Canadian retailer Hudson Bay and Equity firm Sycamore are two of the interested part

Ollie Martin - AskTraders News writer
OllieMartin
Blink Charging Has Lost 75% of Its Stock Value, Will This Incentive Help?

Key points: Blink Charging is awarded grants from MassDEP for DC fast-charging installation in key areas With BLNK down 75% since its public listing, will this incentive really h

Ollie Martin - AskTraders News writer
OllieMartin
Verizon Stock Edges Down on $1B Contract with Department of Defense

Key points: Verizon awared nearly $1B in prestigious DoD contracts The deal had little effect on VZ stock this morning, dipping 1.4% Verizon will uphold the partnersh

Ollie Martin - AskTraders News writer
OllieMartin
Delta (DAL), United (UAL) & American (AAL) Shares Rally on Record-High Demand

Key points: US airline companies rallied higher amid a surge in demand. As a result, the airlines were confident that Q1 results would beat estimates. The higher dem

Simon Mugo
Starbucks Stock Is Down Nearly 30% YTD…But China Holds The Key

Key points: Down 28% YTD, SBUX stock rose 6% on Wednesday following Chinese ripples and JPMorgan upgrade As Covid restrictions eventually wind down in china, Starbucks will be we

Ollie Martin - AskTraders News writer
OllieMartin
Tantech Holdings (TANH) Stock Plunged 69.4% After Raising $20M. What’s Next?

Key points: Tantech Holdings (TANH) stock plunged 69.4% after raising $20 million. The company raised funds via a discounted share placement. The selloff in TANH sto

Simon Mugo
Here’s Why the Sonnet BioTherapeutics (SONN) Stock Soared 113.4% Today

Key points: Sonnet Bio stock soared 113.4% after the FDA approved its first clinical trial. The biopharma company’s SON-1010 cancer drug won the FDA’s approval. The

Simon Mugo
Centamin Shares Plunged 8.64% As Its 2021 Profits Fell on Lower Output. What’s Next?

Key points: Centamin shares plunged 8.64% as its 2021 profits fell 35% on lower output. The miner’s operating costs rose, fueled by massive government payments. The

Simon Mugo
Chinese ADRs – ZH, BEKE, PDD, DIDI – Jumping 40% Premarket – Why?

Key points: A collection of Chinese ADRs are jumping premarket This follows the dismal performance of China ADRs last week The Hang Seng Index is also up 10% on the day

Tim Worstall
Tim Worstall
Avacta Shares Edged Higher After Selling Its Animal Health Division. What’s Next?

Key points: Avacta shares rallied after selling its animal health division to Vimian Group. Investors cheered the move that allowed Avacta to focus on its core business.

Simon Mugo
PennPetro Shares Leap 44% On Farm-in Agreement – What Next For PPP?

Key points: Can PennPetro Energy Shares match their past peak of 60 pence? PennPetro has announced a farm-in agreement In Tunisia This expands the areas that PennPetro can

Tim Worstall
Tim Worstall
Pensana Shares Jump 10% on Update – What Next For PRE?

Key points: Pensana is the attempt to solve the rare earths problem The base strategy is good, separation is the key issue The difficulty will be operational management

Tim Worstall
Tim Worstall