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Abingdon Health Shares Surged 20% on the Salistic Test Launch

The Abingdon Health PLC (LON: ABDX) share price surged 20% after launching Salistickâ„¢, the first-ever saliva pregnancy test, in the UK and Ireland. Salignostics Ltd, an Israeli developer of innovative saliva-based diagnostics

Simon Mugo
USDJPY Pair Rallies As the Yen Weakened on BoJ Rate Decision

The USDJPY currency pair was trading up over 118 pips as the US dollar rallied against the Japanese yen after the Bank of Japan left interest rates unchanged, as many had anticipated under the new BoJ Governor. Despite the Fe

Simon Mugo
Why Oncorus (ONCR) Stock Surged 326% Despite a Lack of News

The Oncorus Inc (NASDAQ: ONCR) stock price surged 326.4% despite the lack of news releases in what could be another meme stock rally in the making. The company’s last announcement was on June 1, 2023, when it revealed that it

Simon Mugo
Evelo Biosciences (EVLO) Stock Soared 331% on a Patent Award

The Evelo Biosciences Inc (NASDAQ: EVLO) stock price soared 330.5% after investors got wind of the patent it had been awarded by The United States Patent and Trademark Office (USPTO) regarding its work on Probiotic and prebio

Simon Mugo
GSTechnologies (GST) Shares Dropped 17.4%, but Later Recovered

The GSTechnologies Ltd (LON GST) share price dropped 17.4% after issuing a corporate update regarding its operations. The company noted that its application for admission to the UK Financial Conduct Authority (FCA) Regulatory

Simon Mugo
Tesco Shares Edged 1.7% Despite Its Upbeat First-Quarter Results

The Tesco PLC (LON: TSCO) share price edged 1.7% lower despite releasing an upbeat first quarter operations update and financial results for the thirteen weeks that ended 27 May 2023. The company’s first-quarter revenue was £

Simon Mugo
ValiRx Shares Plunged 16.3% on the Hokkaido Uni Project Ending

The ValiRx Plc (LON: VAL) share price plunged 16.3% after announcing the conclusion of its evaluation agreement with Hokkaido University, as announced on 16 December 2021 and extended on 6 December 2022.

Simon Mugo
Canadian Overseas (COPL) Shares Fell 7.7% on Bond Conversion

The Canadian Overseas Petroleum Limited (LON: COPL) share price fell 7.69% after issuing 25,851,758 common shares according to the share settlement option exercised by Bondholders for settlement of $1.3 million of Conversion

Simon Mugo
Genedrive Shares Rallied 14.8% on a Multi-Partner UK Grant Award

The Genedrive PLC (LON: GDR) share price rallied 14.8% after announcing that it was part of a multi-partner team awarded a grant from Innovate UK and the UK government Innovation Accelerator programme.

Simon Mugo
VIQ Solutions (VQS) Stock Soared 91.2% on the Justice AV Solns Deal

The VIQ Solutions Inc (NASDAQ: VQS) stock price soared 91.2% during premarket trading after partnering with Justice AV Solutions, a global provider of court recording and AV services to courtrooms to provide automated transcr

Simon Mugo
BitNile Metaverse (BNMV) Stock Rallied 33% Despite Lack of News

The BitNile Metaverse Inc (NASDAQ: BNMV) stock price rallied 33% despite the lack of recent news releases. Over 4.02 million BitNile shares had changed hands at the time of writing, indicating that investor interest in the co

Simon Mugo
Chaarat Gold Shares Plunged 27.5% on the Mixed FY ’22 Results

The Chaarat Gold Holdings Ltd (LON: CGH) share price plunged 27.5% after releasing the financial results for the full year ended 31 December 2022. The company generated revenues worth US$92.3 million during the year, similar

Simon Mugo
Oriole Resources (ORR) Shares Rose 10.5% on the Bibemi Update

The Oriole Resources PLC (LON: ORR) share price rose 10.5% after issuing an update about its Bibemi orogenic gold project in Cameroon, which is 90% owned by the company. The company noted that it had completed a follow-up geo

Simon Mugo
Here’s Why Halma Shares Fell 9.4% Despite Upbeat FY’23 Results

The Halma plc (LON: HLMA) share price fell 9.35% after releasing its financial results for the 12 months to 31 March 2023, where it generated revenues worth £1,852.8 million, marking a 21% improvement to the £1,525.3 million

Simon Mugo
Asos Shares Surged 15.9% on Q3 Fiscal 2023 Trading Statement

The ASOS plc (LON: ASC) share price surged 15.9% after releasing its trading statement for the three months ended 31 May 2023. The fast fashion company generated revenues worth £858.9 million during the quarter compared to £9

Simon Mugo
Rivian Stock Has Fallen 19.3% This Year. Will It Keep Falling?

The Rivian Automotive Inc (NASDAQ: RIVN) stock price has fallen 19.3% since the year started but is down 43.85% over the past 12 months as investor sentiment towards the EV industry soured. The decline in Rivian’s stock price

Simon Mugo
Vodafone Shares Rose 4.28% on the £15Bn CK Hutchison Merger

The Vodafone Group plc (LON: VOD) share price rose 4.28% after unveiling plans to merge its UK operations with CK Hutchison in a deal valued at £15 billion ($19 billion). The combined entity will be the largest UK mobile netw

Simon Mugo
Petro Matad (MATD) Shares Fell 10.5% on Velociraptor Well Spud

The Petro Matad Limited (LON: MATD) share price fell 10.5% after announcing that it had spudded the Velociraptor-1 exploration well in the Taats Basin of Block V in central Mongolia on 13 June 2023. 

Simon Mugo
Entain Shares Dropped 11.6% on a £600M Discounted Capital Raise

The Entain PLC (LON: ENT) share price fell 11.6% after revealing that it had raised £600 million via a discounted share placing where it sold 48,294,478 new ordinary shares of €0.01 each in the capital of the Company for £12.

Simon Mugo
Cineworld Shares Plunged 30.8% on Looming UK Administration

The Cineworld Group plc (LON: CINE) share price plunged by 30.8% after news emerged that its London-listed holding company was planning to file for administration as part of the broader restructuring process that will see the

Simon Mugo
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