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Novavax Shares Edge Higher After Takeda License Agreement
Shares of biotechnology company Novavax (NASDAQ: NVAX) are creeping higher on Friday after the announcement of progress in its collaboration with Takeda Pharmaceutical Company Limited. The two firms have signed a licence agreement for Takeda to de
Armstrong Flooring Shares Rally On $76.7 Million California Property Sale
Shares of floor designer and manufacturer Armstrong Flooring (NYSE: AFI) are rallying premarket on Friday after the company announced it has entered into an agreement to sell its production facility, warehouse and real estate property located in Sout
Beyond Meat Shares Climb On Mcdonald’s Deal But Losses Widen
Beyond Meat (NASDAQ: BYND) shares are climbing premarket on Friday after it said it has struck McDonald’s and Yum Brands deals. Beyond’s stock price initially fell following Thursday’s announcement after it also reported disappointing earnings.
Mode Global Shares Crash 11.1% on £6M Share Placement Amid Bold Growth Plans
Shares of Mode Global Holdings PLC (LON: MODE) surged after the payments company revealed that it had raised £6 million via an oversubscribed share placement at a price higher than its IPO price. The fintech company said that it would use the fund
Here’s Why Argo Blockchain Shares Plunged 19.8% Despite Adding 4,500 Crypto Miners
Shares of Argo Blockchain PLC (LON: ARB) plunged 19.8% despite announcing that 4,500 Bitmain Antminer S19 and S19 pro miners from the Celsius Network were now fully operational. Many people were surprised to see Argo’s shares drop almost 20% despi
Esports Entertainment Group Shares Rally After Citron Research Says GameStop Should Buy The Company
Shortseller Citron Research said on Friday that GameStop Corp (NYSE: GME) should buy online gambling company Esports Entertainment Group Inc (NASDAQ: GMBL). “It is opinio
Merck To Acquire Pandion Therapeutics – Shares Soars
Shares of Pandion Therapeutics (NASDAQ: PAND) are soaring on Thursday after it was announced that Merck will buy the biotech firm for $60 per share in cash. The price is more than double the closing price of Pandion’s shares ($25.63) on Wednesday
Reddit Stocks Gain Again Following Wednesday’s Rally – GameStop Up 81%
Reddit or meme stocks are rallying again premarket after yesterday saw investors pour back into the company's shares following similar rallies back at the end of January. Wednesday saw GameStop shares close over 100% higher, with AMC stock closing
Hikma Shares Plunge 8.56% Despite Upbeat 2020 Earnings as Growth Outlook Dims
Shares of Hikma Pharmaceuticals Plc (LON: HIK) fell 8.56% despite the company announcing upbeat 2020 earnings driven by its role as a supplier of emergency COVID-19 drugs at the height of the pandemic last year. The company’s revenues rose 6% to h
Dynatronics Stock Surges After Distribution Agreement Extension
Shares of medical and rehabilitation equipment manufacturer, Dynatronics (NASDAQ: DYNT) are surging premarket after the company yesterday announced that its wholly-owned subsidiary, Bird & Cronin, renewed its purchasing agreement with Intalere.
Dev Clever Shares Are Up 82.5% in 2021 as Buyers Step Up, Are There Future Gains?
Shares of Dev Clever Holdings PLC (LON: DEV) are up 82.5% since January, driven by a surge in investor interest that has led several companies to acquire stakes in the educational software company that helps teachers connect with their students. T
Great Western (GWMO) Shares Spiked 8.33% Higher on Operations Update but Fell Later
Shares of Great Western Mining Corporation Plc (LON: GWMO) spiked 8.33% higher after releasing an operations update showing multiple projects and activities planned for the rest of the year. The resource exploration and mining company has staked n
Morgan Sindall Shares Gapped 12.9% on Massive Cash Reserves Despite Profits Falling
Shares of British construction firm Morgan Sindall Group PLC (LON: MGNS) gapped 9% higher after reporting that it accumulated massive cash reserves in 2020 despite the pandemic lockdowns causing its profits to fall by almost a third. The company’s
Salarius Pharmaceuticals Shares Climb After Initiating Expansion Of Seclidemstat Trial
Salarius Pharmaceuticals (NASDAQ: SLRX) announced on Wednesday the initiation of the expansion of its ongoing 1-2 clinical trial of seclidemstat in patients with relapsed and refractory Ewing sarcoma and Ewing related sarcomas. Seclidemstat is a r
Sypris Solutions Shares Rally After Winning Defence Contract
Shares of Sypris Solutions (NASDAQ: SYPR) are surging on Wednesday after it announced its subsidiary, Sypris Electronics, has recently received a follow-on award from a US DoD prime contractor to manufacture and test electronic power supply modules f
Reinvent Technology Share Price Gains On SPAC Merger With Joby Aviation
Reinvent Technology Partners (NYSE: RTP) announced a merger with Joby Aviation on Wednesday morning, allowing them to list on the NYSE. Joby Aviation, a transportation company developing all-electric takeoff and landing aircraft, entered into a bu
Fisker Shares Rally On Foxconn Partnership
Shares of Fisker (NYSE: FSR) are 26% higher premarket on Wednesday after the company announced it has entered into a memorandum of understanding with Apple Partner, Foxconn. The two companies will work together to develop a new segment vehicle, wi
Carnival PLC (CCL) Shares Rally 6.9% Despite Raising $1 Billion via a Share Placement
Shares of cruise ship operator Carnival plc (LON: CCL) rallied 6.9% despite successfully raising $1 billion via a share offering underwritten by Goldman Sachs to fund its operations. Investors seemed to support the move given that Carnival’s share
Workhorse Group Shares Continue To Slide After Missing Out On Contract
Shares of American electric vehicle maker Workhorse Group are continuing to fall premarket after closing Tuesday’s session 47% lower following news that the company missed out on a key contract from the US Postal Service. The USPS awarded the firs
Amigo Loans Shares Soar 26.8% After J.P.Morgan Acquires a Stake in the Lender
Shares of British guarantor lender Amigo Holdings PLC (LON: AMGO) soared 26.8% after the company revealed that US investment giant J.P.Morgan had acquired a 5.2% stake in the lender despite its current woes. Today’s announcement is a significant b