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COPL Shares Rose 9.8% on $14.8M Convertible Bond – Here’s Why
The Canadian Overseas Petroleum Limited's (LON: COPL) share price rose 9.75% after completing a $14.8 million convertible bond financing. The company noted that its main bondholder, new institutional investors and other insti
Why Cineworld Shares Edged Higher on the Elliott Management Bid
The Cineworld Group plc (LON: CINE) share price edged 9.57% after news broke that activist investor Elliott Management had submitted a bid for the cinema chain’s Eastern European and Israel operations while skipping the US an
EURUSD Falls on Mixed PMIs As the Dollar Rises on Sentiment
The EURUSD currency pair was trading down over 67 pips as the US dollar rallied against the euro despite the ECB President Christine Lagarde reassuring the markets that the European banking system was resilient. However, she
Troika Media (TRKA) Stock Was Up 26.8% Premarket. What’s Next?
The Troika Media Group Inc (NASDAQ: TRKA) stock price was up 26.8% premarket despite the lack of news from the customer acquisition and marketing firm. The rally has left many wondering what’s next for the firm and if we coul
Bird Global (BRDS) Stock Rallied 41% on Toronto Expansion Deal
The Bird Global Inc (NYSE: BRDS) stock price rallied 40.8% after revealing that it would expand across the Greater Toronto Area this Spring. The company was selected as the exclusive provider of shared e-scooters in the City
SYME Shares Plunged 20% on Director Resignations, TradeFlow Sale
The Supply@Me Capital PLC (LON: SYME) share price fell 20% after revealing that two of its statutory directors who managed its wholly owned subsidiary TradeFlow Capital Management Pte. Limited had resigned from their position
Argo Blockchain (ARB) Shares Drop 8.63% on CEO Share Awards
The Argo Blockchain PLC (LON: ARB) share price dropped 8.63% after announcing the grant of Performance Share Units (PSUs), Restricted Share Units (RSUs), and share options (Share Options) to its interim CEO in line with the 2
Why Harbour Energy Shares Fell 7.5% on Mexican Project Update
The Harbour Energy PLC (LON: HBR) share price fell 7.54% after revealing that it and other Zama Unit Holders, Wintershall Dea, Petroleos Mexicanos (Pemex), and Talos Energy, are pleased to announce that Pemex, as the operator
GBPUSD Rallies After BoE Rate Hike And Investors Bet on the UK
The GBPUSD currency pair was up over 60 pips as the Sterling pound rallied against the US dollar, driven by the Bank of England’s 0.25% rate hike. The BoE had no choice but to hike rates following the release of upbeat UK inf
Block Inc Stock Plunged 21.9% on Hindenburg Short-Selling Report
The Block Inc (NYSE: SQ) stock price plunged 21.9% after renowned short-selling investment firm Hindenburg Research released a report accusing the company of facilitating crime and inflating the number of transacting users on
Advent Tech (ADN) Stock Rallied 33.9% on Hyundai JV Contract
The Advent Technologies Holdings Inc (NASDAQ: ADN) stock price rallied 33.9% after signing a joint development agreement with Hyundai Motor Company after successfully assessing the company’s fuel cell and hydrogen technology.
Audioboom (BOOM) Shares Spiked 6.85% Higher on FY22 Results
The Audioboom Group PLC (LON: BOOM) share price spiked 6.85% higher after releasing the final audited results for the year ended 31 December 2022. The company generated revenues worth US$74.9 million, marking a 24% improvemen
AFC Energy Shares Surged 7.91% on Cracker Technology Launch
The AFC Energy plc (LON: AFC) share price surged 7.91% after launching its new advanced ammonia cracker technology platform, an innovative, new hydrogen generation solution aimed at unlocking the value of ammonia as a hydroge
Amigo Shares Crashed 88.3% As It Winds Down Its Loan Business
The Amigo Holdings PLC (LON: AMGO) share price crashed 88.3% after announcing that it had switched to the fallback solution that requires the orderly wind-down of its business after failing to raise the £45 million equity cap
EURUSD Rallies as Euro Gained on Lagarde Speech Ahead of Fed
The EURUSD currency pair was trading up over 15 pips as the euro rallied against the US dollar, driven by the calming of investor fears regarding the EU’s banking system. The euro rallied higher after the ECB reassured invest
89Bio Stock Soared 55% on Phase 2 Liver Disease Drug Trial Data
The 89bio Inc (NASDAQ: ETNB) stock price soared 55% after announcing positive topline data from the Phase 2b ENLIVEN trial evaluating treatment with pegozafermin in patients with nonalcoholic steatohepatitis (NASH).
Virgin Orbit (VORB) Stock Rallied 67% on $200M Funding Rumors
The Virgin Orbit Holdings Inc (NASDAQ: VORB) stock price rallied 67.1% after an exclusive story by Reuters revealed that the cash-strapped space company was in the final stages of a financing deal with Matthew Brown companies
KEFI Shares Barely Moved After Operational Update – Here’s Why
The KEFI Gold and Copper Plc (LON: KEFI) share price barely moved after the company released its quarterly operations update for Q1 2023. The company is completing the final arrangement to kickstart construction at its Tulu K
Fevertree Shares Surged 11.6% on Its Initial Full-Year 2022 Results
The Fevertree Drinks PLC (LON: FEVR) share price surged 11.6% after releasing its preliminary results for the financial year that ended 31 December 2022. The company reported robust revenue growth of 11% to £344.3 million fro
Superdry Shares Rose 10% on $50M APAC IP Transfer Agreement
The Superdry PLC (LON: SDRY) share price rose 10% after signing an IP Transfer Agreement with Cowell Fashion Company Ltd, a South Korean firm, approving the sale of Superdry’s intellectual property (IP) assets in specific Asi
