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Boohoo Shares Have Fallen 37% in Three Months. What’s Next?

The Boohoo Group PLC (LON: BOO) share price has fallen 37% in three months as investor sentiment towards the fast fashion company turned sour amid an industry-wide downturn. However, despite the significant downturn, Boohoo i

Simon Mugo
Oracle Power Shares Fell 23.1% on Raising £363K From Investors

The Oracle Power PLC (LON: ORCP) share price plunged 23.1% after announcing that it had raised £363,000 via a discounted placement of 323,000,000 new ordinary shares of 0.1p each, and the subscription of for 40,000,000 new Or

Simon Mugo
EURUSD Trades Sideways Amid a Lack of Fundamental Triggers

The EURUSD currency pair was trading flat for the day amid a lack of fundamental triggers for the single currency as the Eurozone docket remained mostly empty. The pair gas pulled back over the past three days, but the daily

Simon Mugo
Rivian Stock Edged Higher on EV Charging Standards Adoption

The Rivian Automotive Inc (NASDAQ: RIVN) share price was trading up slightly on the second day after announcing plans to adopt Tesla's charging standard. The move would give Rivian customers access to the biggest U.S. chargin

Simon Mugo
Advanced Health (AHI) Stock Soared 140.5% on LOI With Pharmak

The Advanced Health Intelligence Ltd (NASDAQ: AHI) stock price soared 140.5% after signing a letter of intent (LOI) with Pharmak Pharmacy LLC (Pharmak Direct), a UAE-headquartered e-script medicine management company.

Simon Mugo
ASOS Shares Are Up 24.8% in a Week. What’s Next for the Firm?

The ASOS plc (LON: ASC) share price has risen 24.8% in the past week after releasing its trading update for the three months up to 31 May 2023. The retailer revealed that despite generating lower revenues than in a similar pe

Simon Mugo
AUDUSD Pair Falls on Weak RBA Minutes and Latest PBoC Action

The AUDUSD currency pair was trading down over 80 pips as the US dollar rallied against the Aussie dollar, driven by the release of the Reserve Bank of Australia’s July monetary policy meeting minutes. The move lower was also

Simon Mugo
Mullen Automotive (MULN) Stock Is Down 97% YTD. What’s Next?

The Mullen Automotive Inc (NASDAQ: MULN) stock price has fallen 97.1% since the year began as investor sentiment towards EV manufacturers turned negative. The EV sector has had it rough as firms have been forced to cut the pr

Simon Mugo
Here’s Why Ebet Stock Price Soared 130% Despite Lacking News

The Ebet Inc (NASDAQ: EBET) stock price soared 130.4% despite the lack of news releases from the gambling company as investor interest in the company soared. Over 12.06 million Ebet shares had changed hands at the time of wri

Simon Mugo
Lookers Shares Surged 35% on a £465.4 Mln AAG Takeover Deal

The Lookers PLC (LON: LOOK) share price surged 35% after agreeing to a binding all-cash offer for the company by Bidco, which is a subsidiary of a Canadian auto dealership Alpha Auto Group Holdings LP, to buy all its outstand

Simon Mugo
Saga Shares Rose 7.91% on Latest Trading Update and Earnings

The Saga PLC (LON: SAGA) share price rose 7.91% after the company that caters to the travel and cruise needs of people over 50 released the financial results and operations update from 1 February 2023 to 19 June 2023.

Simon Mugo
Frasers Group Shares Have Fallen 6.35% Despite Strategic Deals

The Frasers Group PLC (LON: FRAS) share price has fallen 6.35% in the past month despite the company signing multiple strategic partnerships with other firms. The latest deal signed by the firm is the acquisition of an 8.9% s

Simon Mugo
GBPUSD Pair Falls As Investors Look Forward to the BoE Decision

The GBPUSD currency pair was trading down over 20 pips as investors wait for the Bank of England interest rate decision scheduled for Thursday this week. The lack of news releases from the British and American dockets contrib

Simon Mugo
Empire Metals (EEE) Shares Climbed 10.2% on 2022 Final Results

The Empire Metals Ltd (LON: EEE) share price climbed 10.2% after releasing the final results for the year ended 31 December 2022. The company is still in the exploration stages of all its projects, so it does not have tangibl

Simon Mugo
KEFI Shares Rose 9.84% on the Tulu Kapi Govt Funding Milestone

The KEFI Gold and Copper Plc (LON: KEFI) share price rose 9.84% after revealing that all the precedent financing conditions requiring input from the Ethiopian Government had been met. The project is set to proceed once its fu

Simon Mugo
Abingdon Health Shares Surged 20% on the Salistic Test Launch

The Abingdon Health PLC (LON: ABDX) share price surged 20% after launching Salistick™, 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
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