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Lloyds’ Shares Rose 1.73% After Morgan Stanley’s Top-Pick Rating

The Lloyds Banking Group PLC (LON: LLOY) share price rose 1.73% after Morgan Stanley published an investor note stating that the bank was its top UK banking stock for next year. Investors cheered the news, as evidenced by Llo

Simon Mugo
EasyJet Share Price Fell 2.12% Amid BofA Double Rating Upgrade

The easyJet plc (LON: EZJ) share price fell 2.12% today despite a recent double upgrade from Bank of America analysts, who upgraded it to ‘buy’ from ‘underperform’. The double upgrade refers to the analysts skipping the ‘perf

Simon Mugo
Burberry Shares Plunge 14.4% on Q3 FY24 Results, Then Recover

The Burberry Group plc (LON: BRBY) share price plunged by 14.4% after announcing a trading update for the 13 weeks to 30 December 2023 but had recouped over half of its losses at writing. The company alarmed investors after i

Simon Mugo
Vistry Shares Rose 2.5% After FY 2023 Results, Board Changes

The Vistry Group PLC (LON: VTY) share price rose 2.5% after releasing a trading update for the year ended 31 December 2023. The company revealed that its financial performance for the 2023 year had exceeded its expectations,

Simon Mugo
Informa Share Price Fell 4.3% on FY23 Trading Update and Merger

The Informa PLC (LON: INF) share price fell 4.18% after releasing its full-year trading update for the 2023 fiscal year. The company expects to report 2023 revenue growth of 30% to £3,165m+, with adjusted operating profits of

Simon Mugo
Marks & Spencer (MKS), Tesco Shares Fell on Christmas Updates

The Marks and Spencer Group Plc (LON: MKS) share price fell by 6.69%, while the Tesco share price fell by less than 1% after both retailers released their Christmas updates. Both retailers released upbeat December and quarter

Simon Mugo
Trustpilot Share Price Surged 24.7% on FY 2023 Trading Update

The Trustpilot Group PLC (LON: TRST) share price surged 24.7% after releasing a trading update for the year ended 31 December 2023. The company expects to group revenues for the 2023 fiscal year of $176 million, marking a 17%

Simon Mugo
Darktrace Share Price Gapped 9.95% on Its H1 Fiscal 2024 Result

The Darktrace PLC (LON: DARK) share price gapped up 9.95% after releasing a trading update for the six months to 31 December 2023. The company projects a minimum Annualised Recurring Revenue (ARR) of $701.7 million at the per

Simon Mugo
Costain’s Share Price Rallied 9.39% on £670M NWG Contract Win

The Costain Group PLC (LON: COST) share price rallied 9.39% after announcing its appointment by Northumbrian Water Group (NWG) to lead its strategic infrastructure upgrade initiative. The framework agreement, potentially valu

Simon Mugo
Persimmon Shares Rose 4.0% Despite Fewer Completions in 2023

The Persimmon plc (LON: PSN) share price rose 3.97% after releasing a trading update for the year ended 31 December 2023 ahead of its full-year results scheduled for 12 March 2024. The Group successfully navigated challenging

Simon Mugo
Greggs’ Share Price Surged 10% on Its Q4 and FY 2023 Results

The Greggs plc (LON: GRG) share price surged 10% after its trading update for the fourth quarter and full-year 2023. In the fiscal year of 2023, the company's total revenue saw a significant increase of 19.6%, reaching £1,809

Simon Mugo
Sainsbury’s Share Price Dropped 5.5% on Q3 Results, Forecasts

The J Sainsbury plc (LON: SBRY) share price dropped 5.5% after releasing the trading statement for the third quarter of its financial year covering the 16 weeks to 6 January 2024. The company anticipates an underlying profit

Simon Mugo
B&M (BME) Share Price Rose 2.1% on Its Q3 Fiscal 2024 Results

The B&M European Value Retail SA (LON: BME) share price rose 2.1% after releasing a trading update for the third quarter of its 2024 fiscal year covering the 13 weeks from 24 September 2023 to 23 December 2023. 

Simon Mugo
GSK Shares Edged Up 1.28% on the $1.4Bn Aiolos Bio Acquisition

The GSK plc (LON: GSK) share price edged up 1.28% after revealing that it had signed an agreement to acquire Aiolos Bio, Inc. (Aiolos) for an upfront payment of $1 billion, accompanied by the potential for additional success-

Simon Mugo
SIG PLC Share Price Rose 3.18% on Its FY Results As Sales Fell

The SIG plc (LON: SHI) share price rose 3.18% after releasing its full-year trading update for the year ended on 31 December 2023. The company reported that its like-for-like sales had fallen 2% compared to last year, resulti

Simon Mugo
Games Workshop Share Price Fell 4.1% on Its Half-Year Results

The Games Workshop Group PLC (LON: GAW) share price fell 4.1% after releasing its half-year results for the 26 weeks ended on 26 November 2023. Despite the dip, the renowned manufacturer of miniature games showcased a robust

Simon Mugo
CMC Markets’ Share Price Gapped 26.3% on a Positive Q3 Update

The CMC Markets Plc (LON: CMCX) share price gapped up 26.3% after releasing a trading update for the third quarter of its 2024 fiscal year and updating its FY estimates. The update sheds light on the Group's robust performanc

Simon Mugo
Shell Share Price Fell 2.45% After Releasing Its Q4 2023 Outlook

The Shell PLC (LON: SHEL) share price fell 2.45% after releasing an outlook about its Q4 performance in 2023. The company noted that its daily integrated gas production in Q4 was between 880,000 and 920,000 boe/d. 

Simon Mugo
Londonmetric Property (LMP) Shares Declined on a £21m Acquisition

The Londonmetric Property PLC (LON: LMP) share price declined by 1.60% after announcing the successful completion of the acquisition of a strategically positioned long-let distribution warehouse in Doncaster. 

Simon Mugo
LXI REIT Shares Dropped 2.61% on £210M Travelodge Hotels Sale

The LXI REIT PLC (LON: LXI) share price dropped 2.61% after the specialised Real Estate Investment Trust (REIT) focusing on very long income and inflation-protected assets announced the unconditional exchange of contracts for

Simon Mugo
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