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Cineworld Shares Rallied 7.32% As It Prepares To Raise $2.6Bn

The Cineworld Group plc (LON: CINE) share price rallied 7.32% as the movie theatre operator prepares to exit bankruptcy proceedings. The company received approval from the U.S. Bankruptcy Court in Houston, Texas, to raise $2.

Simon Mugo
USDJPY Trades Sideways As the USD and JPY Lacked Momentum

The USDJPY currency pair was trading up slightly as the currency pair struggled to rally higher as the US dollar and Japanese yen remained equally matched. However, the US dollar’s lack of momentum kept the currency pair trad

Simon Mugo
Clearone (CLRO) Stock Soared 77.4% on a $1.00 Special Dividend

The Clearone Inc (NASDAQ: CLRO) stock soared 77.4% after declaring a one-time special dividend of $1.00 per share, citing the recent legal settlements, which generated extra cash for the company. The board decided to share th

Simon Mugo
Mobiquity Technologies (MOBQ) Stock Surged 80% Despite No News

The Mobiquity Technologies Inc (NASDAQ: MOBQ) stock price surged 79.9% despite the lack of news releases from the digital advertising and data intelligence company. The lack of recent news leaves us no voice but to look to pr

Simon Mugo
Hemogenyx Shares Edged 7.92% Higher on the FDA IND Application

The Hemogenyx Pharmaceuticals PLC (LON: HEMO) share price edged 7.92% higher after revealing that it had submitted an Investigational New Drug (IND) application seeking the FDA’s approval to start a Phase I clinical trial of

Simon Mugo
Kanabo Shares Plunged 4.92% on £2.54M Capital Raise, New Chair

The Kanabo Group Plc (LON: KNB) share price plunged 4.92% after announcing that it had completed fundraising to raise approximately £2.54 million via the issue of 88,194,443 new Ordinary Shares (Fundraise Shares).

Simon Mugo
Purplebricks’ Share Price Crashed 61.6% on Financial Problems

The Purplebricks Group PLC (LON: PURP) share price crashed 61.6% after revealing that its performance during the financial year ended on 31 April 2023 was in line with management expectations as outlined on 17 February 2023,

Simon Mugo
Bellicum Pharma (BLCM) Stock Price Soared 138% – Here’s Why

The Bellicum Pharmaceuticals Inc (NASDAQ: BLCM) stock price soared 138% despite the lack of news from the clinical biopharma company specialising in Cellular IO. The lack of recent news releases from the company leaves us no

Simon Mugo
AUDUSD Ralies Higher Despite Weak Aussie Building Permits Data

The AUDUSD currency pair was trading over 51 pips higher today, leading the pair to break above a crucial resistance zone that has been in place since late February. The break higher is a strong indicator that we could see a

Simon Mugo
Immuron Stock Surged 58.3% As FDA Lifts Clinical Hold on ETEC Drug

The Immuron ADR (NASDAQ: IMRN) stock price surged 58.3% after the US Food and Drug Administration (FDA) lifted its clinical hold on the company’s New Campylobacter ETEC Therapeutic IND application. 

Simon Mugo
PacWest Bancorp Stock Rallied 36.5% on Upbeat Market Sentiment

The PacWest Bancorp (NASDAQ: PACW) stock price rallied 36.5%, extending the 81.7% gain made on Friday as the bank reiterated that its business remained sound. The regional bank also slashed its quarterly dividend payout to 1

Simon Mugo
USDCAD Falls As the Canadian Dollar Rose Despite Upbeat US NFP

The USDAD currency pair was trading down for the second consecutive session as the Canadian dollar rallied against its US peer despite the release of upbeat US nonfarm payroll data during the American session. The upbeat US j

Simon Mugo
Save Foods (SVFD) Stock Price Surged 52% Despite Lack of News

The Save Foods Inc (NASDAQ: SVFD) stock price surged 51.92% despite the lack of news from the agri-food tech company specializing in eco-crop protection that helps to reduce food waste and ensure food safety. 

Simon Mugo
Nanobiotix (NBTX) Stock Soared 107.9% on a Global Pharma Deal

The Nanobiotix SA - ADR (NASDAQ: NBTX) stock price soared 107.9% after revealing that it is entering final contract negotiations with a major global pharmaceutical company to commercialise its lead nanotherapeutic candidate N

Simon Mugo
Alien Metals Shares Spiked 7.6% Higher on the Mallina Acquisition

The Alien Metals Ltd (LON: UFO) share price spiked 7.58% higher after revealing that it had renegotiated the acquisition of the E 47/3752 tenement that adjoins its flagship Hancock Iron Ore Project from Mallina Exploration Pt

Simon Mugo
Eqtec Shares Fell 5.3% as FY2022 Losses Mount Despite Progress

The EQTEC Plc (LON: EQT) share price fell 5.26% after releasing the final results for the year ended 31 December 2022. The company generated revenues worth €8.0 million during the year, representing a drop from the €9.2 milli

Simon Mugo
Halma Shares Rose and Fell on Its Latest Acquisition – Here’s Why

The Halma plc (LON: HLMA) share price rose after announcing that it had acquired Sewertronics, a firm specialising in repairing sewer lines without digging trenches. The company has patented technology that allows it to inser

Simon Mugo
EURUSD Dips After the ECB’s 25bps Rate Hike and Weak Sentiment

The EURUSD currency pair was trading down over 60 pips after the European Central Bank hiked interest rates by 25 basis points from 3.50% to 3.75%, as expected. The euro pulled back from the resistance zone it has been tradin

Simon Mugo
PacWest Bancorp Stock Plunged 45.5% Amid an Uncertain Future

The PacWest Bancorp (NASDAQ: PACW) stock price plunged 45.48% as its future hangs in the balance following the drop in its stock price amid concerns about its future. The regional bank, with branches in California, Dever Colo

Simon Mugo
Altamira Therapeutics (CYTO) Stock Rallied 63% Despite No News

The Altamira Therapeutics Ltd (NASDAQ: CYTO) stock price rallied 62.55% despite the lack of news releases from the company that specialises in developing therapeutics that address critical unmet medical needs.

Simon Mugo
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