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Planet Fitness (PLNT) Shares Are Down 17% Since CEO’s Ouster

The Planet Fitness Inc (NYSE: PLNT) share price has fallen 17% since the ouster of its CEO on Friday, September 18, triggered a massive decline. The dismissal of the CEO came as a surprise to the markets and even to people cl

Simon Mugo
Why Esports Ent (GMBL) Stock Rallied 37% on the UK Market Exit

The Esports Entertainment Group Inc (NASDAQ: GMBL) stock price rallied 36.6% after announcing its exit from the UK market. The company said that its SportNation online casino and sp

Simon Mugo
Instacart Raises Its IPO Pricing After Arm’s Recent Successful IPO

Instacart has raised the target range of its IPO shares from $26 to $28 per share to $28 to $30 per share while seeking to raise about $660 million. The company’s higher pricing brings its market valuation to a high of $10 bi

Simon Mugo
Why Arm Stock Was Trading Down Slightly After Its Massive IPO

The Arm Holdings plc ADS (NASDAQ: ARM) stock price was trading down 2.67% during premarket trading as sellers kept pushing prices lower. The company’s shares were trading way above the IPO price of $51 as the stock entered it

Simon Mugo
3 London-Listed Stocks Utilising AI Technology to Their Advantage

In the current fast-paced and ever-evolving financial landscape, investors constantly seek new opportunities that offer stability and growth potential. One sector that has rocketed to the forefront of investors' minds is Arti

Sam Boughedda
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

Simon Mugo
Alba Minerals Share Price Crashed 20.6% on Clogau Mine Update

The Alba Mineral Resources plc (LON: ALBA) share price crashed 20.6% after issuing an update about the operations at its Clogau-St David's Gold Mine in North Wales. The company was denied a temporary extension of the higher (

Simon Mugo
Hemogenyx (HEMO) Share Price Surged 40.5% on an $830K Deal

The Hemogenyx Pharmaceuticals PLC (LON: HEMO) share price surged 40.5% after announcing that it had received a strategic investment from Prevail Partners, LLC, through a subscription for 11,066,667 ordinary shares priced at U

Simon Mugo
Vast Resources (VAST) Shares Plunged 24% on Debt Payment Delay

The Vast Resources PLC (LON: VAST) share price plunged 24% after issuing a very brief update regarding the settlement of a historic parcel of debts that was supposed to be settled by now. The company noted that it could not s

Simon Mugo
Why EURUSD Fell Despite the ECB Hiking Rates to Record Highs

The EURUSD currency pair fell despite the European Central Bank (ECB) hiking interest rates for the 10th consecutive time to 4% from 3.75%, warning that inflation was "expected to remain too high for too long".

Simon Mugo
HP Inc (HPQ) Stock Price Fell 6.61% in a Week on Buffet Stock Sell

The HP Inc (NYSE: HPQ) stock price fell 6.61% after the Oracle of Omaha, Warren Buffett’s Berkshire Hathaway, confirmed that it sold 5.5 million shares valued at $158 million in HP Inc. The regulatory filing did not disclose

Simon Mugo
Birkenstock IPO: 250-Year-Old Shoe Firm Files IPO Documents

Birkenstock finally filed its IPO registration statement on Tuesday, September 12, 2023, confirming the rumours circulating among the media and the public that the company was considering filing for a US IPO shortly.

Simon Mugo
Games Workshop Shares Surged 13% on Update, Dividend Payout

The Games Workshop Group PLC (LON: GAW) surged 12.98% after announcing that trading for the three months to 27 August 2023 was ahead of the Board's expectations for the quarter with core revenue of about £121 million compared

Simon Mugo
Arm IPO: Arm Is Seeking To Raise a Reduced $4.87 Billion in IPO

SoftBank’s Arm is now expected to raise as much as $4.87 billion in its long-awaited IPO, making it the largest IPO of 2023, surpassing the $4.37 billion listing by Johnson & Johnson’s consumer health spinoff Kenvue Inc.

Simon Mugo
Rockfire Resources (ROCK) Shares Were Suspended on Acquisition

The Rockfire Resources PLC (LON: ROCK) shares were suspended from the AIM after announcing that it had acquired two cash-generating businesses from Paloma Precious DMCC. The company acquired 99% of Emperesse Bullion LLC (Empe

Simon Mugo
Power Metal (POW) Shares Gapped 4.9% on New Gold Anomalies

The Power Metal Resources PLC (LON: POW) share price gapped up 4.94% after announcing the results of geochemical soil sampling, which confirmed two significant gold anomalies at its 100%-owned Tati Gold Project located on the

Simon Mugo
Powerhouse Energy (PHE) Shares Rose 5.9% on EU Patent Grant

The Powerhouse Energy Group PLC (LON: PHE) share price rose 5.88% after announcing that the European Patent Office had granted the company’s patent application regarding "Method and Apparatus for the Treatment of Waste Materi

Simon Mugo
Qualcomm (QCOM) Stock Rose 5.6% on the Apple 5G Chips Deal

The Qualcomm Inc (NASDAQ: QCOM) stock price rose 5.62% after announcing that it had signed a three-year agreement with Apple Inc. to supply Snapdragon® 5G Modem‑RF Systems for smartphone launches in 2024, 2025 and 2026.

Simon Mugo
Canadian (COPL) Share Price Fell 10.8% on a $3.5M Capital Raise

The Canadian Overseas Petroleum Limited (LON: COPL) share price fell 10.79% after announcing that it had raised a $3.5 million equity injection at 4p per share from Anavio. The discount offered to the participating investors

Simon Mugo
AMC Stock Price Rallied 8% After a $325.5M Discounted Fundraise

The AMC Entertainment Holdings Inc (NYSE: AMC) stock price rallied 8% after announcing that it had raised $325.5 million after issuing 40 million new shares priced at $8.14 each. The at-the-market (ATM) equity offering launch

Simon Mugo
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