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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
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
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
Outset Medical (OM) Stock Price Plunges 43.3%, Extending Losses
The Outset Medical Inc (NASDAQ: OM) stock price plunged 43.28%, extending yesterday’s losses after releasing its preliminary financial results for the third quarter ended Sept. 30, 2023, and providing an update on its financi
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
Activision Share Price Trades at Multi-Month Highs on UK Approval
The Activision Blizzard Inc (NASDAQ: ATVI) share price traded at highs last seen in July 2021 after the UK’s Competition and Markets Authority (CMA) finally approved Microsoft’s $69 billion acquisition of the company, which w
Tempest Therapeutics (TPST) Stock Plunged 31.7% on a Pullback
The Tempest Therapeutics Inc (NASDAQ: TPST) stock price was trading down 31.7% today in a pullback following the massive over 2000% rally witnessed in the stock earlier this week after releasing positive clinical trial data f
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
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
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
Delta Air Lines Stock Price Rose 3.1% on the Upbeat Q3 Profits
Delta Air Lines, Inc. (NYSE: DAL) stock price rose 3.1% after releasing its earnings report for the three months ended September 30, 2023. The airline reported a significant profit increase, up nearly 60% in the third quarter
Birkenstock IPO Underwhelms As Shares Fall After NYSE Debut
The Birkenstock Holding Plc (NYSE: BIRK) stock price opened at $41 on Wednesday following its stock market debut on Tuesday, where its shares were priced at $46, right in the middle of the initial proposed range of $44 to $49
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
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.
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 £
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
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
Pioneer Resources (PXD) Stock Price Is Consolidating After Surge
The Pioneer Natural Resources Co (NYSE: PXD) stock price is consolidating after Exxon, one of the world's largest oil and gas companies, recently announced its intention to acquire the independent energy company for a whoppin
Birkenstock IPO: Premium Sandal Maker Prices Its US IPO at $46
German premium sandals manufacturer Birkenstock Holding (NYSE: BIRK) has successfully priced its initial public offering (IPO) in the United States at $46 per share, marking the midpoint of the indicated price range, the comp
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