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United Oil & Gas (UOG) Shares Surged on a £5.7m License Sale
The United Oil & Gas PLC (LON: UOG) share price surged 26.7% after entering into a binding Asset Purchase Agreement (APA) with Quattro Energy Limited to sell its UK Central North Sea Licence P2519 for a maximum sum of up
Naked Wines Raises FY23 Profit Expectations – Expects ‘Modest’ FY24 Revenue Decline
Naked Wines (LON: WINE) raised its FY23 adjusted EBIT expectations on Tuesday following a solid third-quarter trading performance. Even s
Avacta Shares Jump On Successful Completion of AVA6000 4th Dose Escalation
Avacta (LON: AVCT) shares jumped over 15% in early Tuesday trading after the company said it has successfully completed the fourth dose escalation in its AVA6000 Phase 1 clinical study.
Ocado Q4 Trading Statement — What To Expect
Ocado (LON: OCDO) shares have had a positive start to the year, climbing 23% in 2023, and with other retailers recently posting positive updates, investors will be eagerly awaiting the company’s fourth-quarter trading stateme
Tower Resources Shares Dropped on a $6M Institutional Placing
The Tower Resources PLC (LON: TRP) share price dropped 6.67% after it raised an initial amount of US$1,250,000 from Energy Exploration Capital Partners, LLC (EECP) via an institutional placing governed by an investment deed.
Power Metal Shares Fell After a Discounted £900K Capital Raise
The Power Metal Resources PLC (LON: POW) share price fell 3.41% after revealing that it had completed a placing and subscription to raise £900,000 before expenses. The monies will fund its priority exploration projects and ge
Which Companies Are Announcing UK Earnings This Week — January 16
Its been a positive few weeks for retailers following the Christmas period, with companies such as Next, B&M,
IQE Shares Plunged 21% on a Disappointing 2022 Trading Update
The IQE plc (LON: IQE) share price plunged 21.37% after issuing an update about its financial results for the 2022 financial year that ended in December. The company expects its constant currency revenues to align with its 20
QinetiQ Wins £80m MoD Contract
QinetiQ Group (LON: QQ.) said Monday morning that it has won an £80 million contract with the UK's Ministry of Defence (MOD). The company
Ethereum Sends Bullish Technical Signal, Upside Forecasts
The wider cryptocurrency asset class has built on 2023 gains and the surge post US CPI to extend gains over the weekend. Ethereum (ETH) has sent particularly bullish signals on the chart and has positive price forecasts.
Amigo Shares Crashed 44% Amid Struggle To Find a Lead Investor
The Amigo Holdings PLC (LON: AMGO) share price crashed 44.4% after revealing that it was struggling to secure a lead investor for the 19:1 equity raise mandated by the High Court as part of the approved scheme of arrangement.
ITM Power Shares Tumble as Earnings, Revenue For FY23 Expected to Be Worse Than Forecast
ITM Power (LON: ITM) shares plunged Monday after the company said it has "become clear" that the outcome for its financial year ending April 30, 2023, will be "materially different" from the current guidance, with lower reven
GBPUSD Price: Pound Trades Flat Against Dollar As Week Ends
The GBPUSD currency pair was trading almost flat at the time of writing after erasing some of its earlier gains. The pound had gained ground against the dollar earlier today after the latest UK GDP data showed that the countr
HEXO Stock Spiked 51.9% on Changes Relating to a New Auditor
The Hexo Corp (NASDAQ: HEXO) stock price spiked 51.9% after announcing that it had filed amended meeting materials well before its upcoming annual general meeting (AGM) scheduled for January 31, 2023.
Blue Apron (APRN) Stock Rallied 47% on Positive Market Sentiment
The Blue Apron Holdings Inc (NYSE: APRN) stock price rallied 46.7% despite the lack of news from the meal kit company. The last significant release from the company was regarding the non-compliance notice it received from the
CPI Aftershock: Bitcoin Sends Bullish Signal
US Consumer Price Index (CPI) data came in modestly better than consensus, though broadly in line with expectations on Thursday, but nevertheless, this sent the broader cryptocurrency market significantly higher. Of note, the
Lockheed Martin Downgraded at Goldman Sachs Due to Several Headwinds
Lockheed Martin (NYSE: LMT) has had a solid last 12 months, rising 27%, but Goldman Sachs downgraded the stock on Thursday. Analyst Noah
ITM Power’s Share Price Has Risen 7.43% in 2023. What’s Next?
The ITM Power plc (LON: ITM) share price has risen 7.43% in 2023 despite the lack of announcements from the energy storage and clean fuel company. The last significant news from the company was the postponement of its trading
Lucid Group’s Q4 Production Numbers ‘Encouraging’ Says Analyst
Lucid Group (NASDAQ: LCID) jumped 4.79% Thursday after the company announced its fourth quarter and full-year vehicle production numbers, producing a positive response from Cantor Fitzgerald analyst Andres Sheppard.
ValiRx Shares Plunged 9.63% on a Discount Offer To Raise £500K
The ValiRx Plc (LON: VAL) share price plunged 9.63% after launching a broker offer to raise a maximum of £500,000. Investors' adverse reaction to the news was justified given that the company sold the new shares at 11p each,