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Instem Shares Gapped Up 40.3% on Premium £203M Takeover Offer

The Instem PLC (LON: INS) share price gapped up 40.25% after announcing that it had accepted a takeover offer valuing the company at approximately £203 million. Each existing Instem shareholder shall receive 833 pence per sha

Simon Mugo
Bidstack Shares Rose 13.33% on New Vanatus Sales Partnership

The Bidstack Group PLC (LON: BIDS) share price rose 13.3% after announcing a new advertising sales partnership with Vanatus. Vanatus is a leading international advertising agency providing digital gaming and entertainment adv

Simon Mugo
Premier African (PREM) Shares Fell 8.7% on £5M Extra Funding

The Premier African Minerals Ltd (LON: PREM) share price fell 8.7% after announcing that it had secured additional funding for its Zulu Lithium and Tantalum mine in Zimbabwe. The additional funding was secured by selling new

Simon Mugo
Nio Stock Price Fell 7% on Weak Q2 2023 Deliveries and Margins

The Nio Inc - ADR (NYSE: NIO) stock price fell 6.99% after releasing its Q2 2023 financial results, which showed that it delivered 23,520 EVs comprising of 10,492 premium smart electric SUVs and 13,028 premium smart electric

Simon Mugo
Shineco (SISI) Stock Price Rallied 52% on Upbeat Investor Interest

The Shineco Inc (NASDAQ: SISI) stock price rallied 52.2% despite the lack of recent news releases from the Chinese company. The lack of news means we can attribute today’s rally to positive investor sentiment and buying press

Simon Mugo
88 Energy (88E) Share Price Rose 7.69% on a £4.5M Capital Raise

The 88 Energy Ltd (LON: 88E) rose 7.69% after unveiling plans to raise approximately £4.5 million by placing up to 1,457,716,474 new ordinary shares for £0.0031 per Placing Share. The exact price shall apply to the shares iss

Simon Mugo
Aston Martin (AML) Share Price Surged 6.7% on F1 Performance

The Aston Martin Lagonda Global Holdings PLC (LON: AML) share price surged 6.69% after the impressive performance of its Formula 1 driver Fernando Alonso in the Dutch Grand Pree held in the Netherlands over the weekend. 

Simon Mugo
Bunzl Share Price Gapped Up 4.84% on Acquisitions, H1 Results

The Bunzl plc (LON: BNZL) share price gapped up 4.84% after the company announced two acquisitions in Poland and the Netherlands. Investors were excited by the two transactions in Poland and the Netherlands, as evidenced by t

Simon Mugo
Argo Blockchain (ARB) Shares Fell 3.83% on H1’23 Interim Results

The Argo Blockchain PLC (LON: ARB) share price fell 3.83% after releasing its interim results for the six months that ended 30 June 2023. The company generated revenues worth $24.0 million during H1 2023, marking a 31% declin

Simon Mugo
AMC Stock Price Is Down 72.4% in a Month – Can It Rally Higher?

The AMC Entertainment Holdings Inc (NYSE: AMC) share price has fallen over 72.4% in the past month amid several recent developments that led to converting its preferred shares, also known as APEs, into ordinary ones. This was

Simon Mugo
Mullen (MULN) Stock Price Is Down 45% in a Month. What’s Next?

The Mullen Automotive Inc (NASDAQ: MULN) stock price has fallen 45.4% in the past month. Despite his efforts to stop the bleeding and reassure investors, the CEO continues expressing disappointment in how the company’s stock

Simon Mugo
Micromibility.com Stock Price Rallied 28% Despite a Lack of News

The Micromobility.com Inc (NASDAQ: MCOM) stock price rallied 28.4% despite the lack of news releases from the company. The higher rally could be attributed to renewed investor interest in the company, as over 9.56 million MCO

Simon Mugo
USDJPY Rises on Upbeat US Dollar Ahead of Chair Powell Speech

The USDJPY currency pair traded sideways most of today as investors remained focused on the Jackson Hole Symposium, especially the Fed Chair’s comments. Still, the dollar started advancing against most of its peers, including

Simon Mugo
Why ChargePoint (CHPT) Stock Has Fallen 38.8% in Six Months

The ChargePoint Holdings Inc (NYSE: CHPT) stock price has fallen 38.8% in the past six months as investor sentiment towards the company soured. The EV charging network operator has seen its stock slide further in recent weeks

Simon Mugo
Coinbase (COIN) Stock Has Fallen 26% in a Month. What’s Next?

The Coinbase Global Inc (NASDAQ: COIN) stock price has fallen 25.9% in the past month despite several positive announcements we shall cover below. For example, the crypto exchange recently received approval from the National

Simon Mugo
Rio Tinto Shares Edge Higher After UK’s SFO Drops Investigation

The Rio Tinto plc (LON: RIO) share price edged 0.75% higher today after the UK’s Serious Fraud Office (SFO) dropped its investigation into the company about suspected corruption in the Republic of Guinea. The SFO updated its

Simon Mugo
Legal & General (LGEN) Shares Are Down 14% YTD. What’s Next?

The Legal & General Group Plc (LON: LGEN) share price has fallen 14.1% this year and just hit a new yearly low as investor sentiment towards the company remains bearish. The financial services company recently released it

Simon Mugo
US Dollar Index (DXY) Rallies on Upbeat US Data, Jackson Hole

The US Dollar Index (DXY) price was trading up over 42 pips as the US dollar rallied against its peers on the upbeat data released from the US docket. The US dollar was boosted by data releases from the country’s docket, incl

Simon Mugo
Foxo Technologies Stock Price Rallied 19% Despite Lacking News

The Foxo Technologies Inc (NYSEAMERICAN: FOXO) stock price rallied 18.9% despite the lack of news releases from the company today. However, the lack of recent news releases indicates that today’s rally could be driven by upbe

Simon Mugo
Esports Entertainment (GMBL) Stock Surged 30.9% on Upbeat Interest

The Esports Entertainment Group Inc (NASDAQ: GMBL) stock price rose 30.94% despite the lack of news releases from the company. The rally could be directly attributed to the renewed investor interest in the company, given that

Simon Mugo
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