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Enquest Shares Declined 17% on H1 Results Amid Lower Revenues

The Enquest Plc (LON: ENQ) share price declined 17% after the company reported that its revenues and other operating income fell to $732.7 million from $943.5 million. Its adjusted pretax profits fell to $399.2 million from $

Simon Mugo
Wizz Air Shares Have Fallen 25.7% in Six Months – Here’s Why

The Wizz Air Holdings PLC (LON: WIZZ) share price has fallen 25.7% despite reporting impressive passenger numbers over the same period. The company has seen its share price fall despite the record number of passengers it has

Simon Mugo
Ault Alliance (AULT) Stock Rallied 40% on the $100M Hotels Sale

The Ault Alliance Inc (NYSEAMERICAN: AULT) rallied 40% after announcing that it was selling four newly renovated hotels for about $100 million. The sale is being conducted by its wholly-owned subsidiary, Ault Global Real Esta

Simon Mugo
Sareum Shares Rose 6.58% on Dosing of Phase 1a Trial Subjects

The Sareum Holdings Plc (LON: SAR) share price rose 6.58% after announcing that it had started dosing the first subjects in the multiple ascending dose part of its Phase 1a clinical trial for lead drug candidate SDC-1801.

Simon Mugo
SNDL Stock Edged 3.35% Higher on the DEA’s Review of Cannabis

The SNDL Inc (NASDAQ: SNDL) stock was trading up 3.35% during premarket trading. Investors bought the stock following news that the US Drug Enforcement Agency (DEA) was reviewing its classification of cannabis as a Schedule I

Simon Mugo
Why the Broadcom (AVGO) Stock Fell 4.3% on Q3 Earnings Report

The Broadcom Inc (NASDAQ: AVGO) stock price fell 4.30% after releasing the financial results for the third quarter of its 2023 financial year. The company generated revenues worth $8.9 billion, marking a 5% jump from last yea

Simon Mugo
Boohoo Share Price Rose 8.3% After Frasers Bought More Shares

The Boohoo Group PLC (LON: BOO) share price rose 8.29% after news emerged that Mike Ashley’s Frasers Group had increased its shareholding in Boohoo, raising its stake from 9.1% to 10.4% on Thursday, 31 August 2023.

Simon Mugo
Ocado Shares Have Risen 142.8% in 3 Months. Will It Continue?

The Ocado Group PLC (LON: OCDO) share price has risen 142.77% in the past three months as investor sentiment towards the UK grocery retail technology provider improved. The question on most investors' minds is whether the ral

Simon Mugo
Why Verditek Share Price Plunged 30.7% on a £500K Capital Raise

The Verditek PLC (LON: VDTK) share price plunged 30.7% after announcing that it had raised £500,000 via a subscription of 111,111,111 ordinary shares priced at 0.45 pence per ordinary share. The company expects to receive the

Simon Mugo
GBPUSD Trades Lower As the US Dollar Rallies Against the Pound

The GBPUSD currency pair was trading down over 40 pips as the US dollar rallied against the Sterling pound, which fell after the Bank of England (BoE) Chief Economist Huw Pill delivered a hawkish commentary regarding future r

Simon Mugo
Tilray (TLRY) Stock Price Rose 10.8% on DEA Cannabis Review

The Tilray Brands Inc (NASDAQ: TLRY) stock price rose 10.83% yesterday and was up 3.38% during premarket trading after news broke that the Drug Enforcement Agency (DEA) was considering whether it should reclassify marijuana a

Simon Mugo
Glencore Share Price Dropped 5.35% on Fund Managers’ Lawsuit

The Glencore PLC (LON: GLEN) share price dropped 5.35% after almost 200 investment funds filed claims against the company with the UK High Court alleging that they suffered material losses from the company’s untrue statement

Simon Mugo
Union Jack Oil (UJO) Shares Fell 8.63% on Ops Update, Sentiment

The Union Jack Oil PLC (LON: UJO) share price fell 8.63% after issuing an update about its Wressle oil field located in onshore UK. The company revealed that it had decided to install a downhole jet pump and associated surfac

Simon Mugo
ImmuPharma (IMM) Shares Plunged 16.7% on £1.35M Capital Raise

The ImmuPharma PLC (LON: IMM) share price plunged 16.7% after announcing plans to raise £1.35 million via a share subscription, issuing 67,500,000 new ordinary shares priced at 2p each. The adverse reaction from shareholders

Simon Mugo
Helium One (HE1) Shares Rose 4.3% on Rukwa Operations Update

The Helium One Global Ltd (LON: HE1) share price rose 4.26% after an operations update regarding progress at its 100%-owned Rukwa helium project in Tanzania. The company revealed that it had fully appointed an experienced dri

Simon Mugo
Aravive (ARAV) Stock Rallied 22% on Renewed Investor Interest

The Aravive Inc (NASDAQ: ARAV) stock price rallied 21.97% despite the company's lack of significant news releases. The lack of news from the company leads us to believe that the renewed investor interest in the company since

Simon Mugo
AgileThought (AGIL) Stock Surged 117% Amid Bankruptcy Filing

The AgileThought Inc (NASDAQ: AGIL) stock price surged 117.03% as of 7:35 EST, a day after the company announced that it was filing for a 90-day Chapter 11 bankruptcy restructuring of its business to emerge as a much stronger

Simon Mugo
Challenger Energy (CEG) Shares Dropped 17.6% on a £3.3M Loan

The Challenger Energy Group PLC (LON: CEG) share price fell 17.64% after announcing that it had secured a £3.3 million convertible loan note funding facility with a UK-based alternative asset management and investment firm.

Simon Mugo
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