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Gfinity Shares Lower Despite ‘Significant Improvement’ In Performance
Shares of esports solutions provider Gfinity (LON: GFIN) are lower slightly lower on Monday despite the company reporting a ‘significant improvement' in financial performance after a refocused business and significant cost base reduction. The AIM-
Diurnal Shares Up 16% On Friday, Here’s Why
Shares of pharmaceutical company Diurnal Group (LON: DNL) are rallying on Friday after the Committee for Medicinal Products for Human Use (CHMP) issued a positive opinion to the European Commission, recommending Efmody as treatment of adult and adole
Vela Technologies Shares Fall Despite Acquiring Stakes in Several Disruptive Companies
Shares of Vela Technologies PLC (LON: VELA) have fallen drastically from their February highs despite making several investments in companies with promising products and services. The firm, which invests in disruptive technologies, recently invest
Magnachip Shares Surge On Wise Road Takeover
Shares of Magnachip Semiconductor Corporation (NYSE: MX), the South Korean display and power solutions company, are surging on Friday after it announced it has entered into an agreement to be acquired by two investment vehicles established by Wise Ro
NIO Share Price Plunges After Suspending Production for 5 Days
Electric car manufacturer NIO Inc (NYSE: NIO) will temporarily suspend vehicle production at its JAC-NIO manufacturing plant in Hefei, the company said on Friday. The suspension will be for five days starting from March 29 and comes due to a semic
Sareum Shares Rise Despite Postponing Interim Results as Investors Remain Unmoved
Shares of Sareum Holdings Plc (LON: SAR) surged higher despite the biotech company announcing that it would postpone the release of its interim results for the six months ended 30 December 2020. Investors were not pleased with the postponement, bu
Plug Power Shares Trading Lower Despite Alpine F1 Partnership Announcement
Shares of hydrogen firm Plug Power (NASDAQ" PLUG) are trading slightly lower premarket on Friday following the company’s announcement of a partnership with the Alpine F1 team. Plug Power’s logos will be present on Alpine’s A521 cars and the team’s
GSTechnologies Shares Edge Higher at a Support Level As Investors Wait for a Rally
Shares of GSTechnologies Ltd (LON: GST) edged higher as bullish investors defended a crucial support level in an attempt to turnaround the company’s fortunes. The integrated information and communication technology infrastructure solutions company
Open Orphan Shares Climb on £7.5m Human Challenge Study Contract
Shares of pharmaceutical firm Open Orphan (LON: ORPH) are climbing on Monday after the company announced that hVIVO has entered into a contract with a biotechnology company to run a human viral challenge study for a
Argo Blockchain Shares Rise After Launching Clean Energy Bitcoin Mining Pool
Shares of cryptocurrency mining firm Argo Blockchain (LON: ARB) are trading higher on Friday after the company announced it has signed a deal with DMG Blockchain Solutions to launch a bitcoin mining pool powered by clean energy. Argo Blockchain’s
Panthera Resources Shares Surge 13% After Completing Soil Sampling at Bassala, Mali
Shares of the gold exploration and development company Panthera Resources PLC (LON: PAT) rallied 13% higher after announcing that it had completed the soil sampling process at its Bassala gold project in Mali. The company revealed that it collecte
TT Electronics (TTG) Share Price Jumps – Company Updates on Covid-19 Screening Device
Shares of TT Electronics (LON: TTG) are rallying on Thursday, trading over 13% higher at 238p. TT released a statement not long after the share price increase, stating that they note today's rise and provided an update on evaluation trials in the
OmniCable to Acquire Houston Wire & Cable (HWCC) – Shares Rally
Houston Wire & Cable Company (NASDAQ: HWCC) was the biggest gainer premarket on Thursday after the company revealed that they are to be acquired by OmniCable. HWCC’s share price is up 37.2% at $5.27 after the open on Wall Street. [caption i
Mobile Streams Acquires 49% of KrunchData – Share Price Falls
Mobile Streams plc (LSE: MOS) announced on Thursday an agreement to acquire a 49% interest in KrunchData Limited for £735,000. The deal comprises £500,000 in cash and 90.3 million in ordinary shares, with the option to purchase the remaining 51% a
Braveheart Investment Shares Surge 23.2% After Buyers Step Up at a Key Support Level
Shares of Braveheart Investment Group plc (LON: BRH) rallied 23.2% despite the lack of significant releases from the investment holding company. Investor interest in the company has spiked higher after the downtrend that followed its February rally.
Guild Esports Shares Edge Higher After Subway Sponsorship
Shares of online sports team organisation Guild Esports (LON: GILD) are climbing on Thursday after the company announced a two-year multi-million-pound sponsorship deal with sandwich chain Subway. The deal covers 55 markets in the EMEA region and
Jubilee Metals (JLP) Shares Edge Higher After Half-Year Profits Surge 355% to £25.5M
Shares of Jubilee Metals Group PLC (LON: JLP) edged 7.85% higher after the mining company released its earnings results for the half-year ended December, which were much better than expected. The metal recovery company’s revenues grew 110% to £53.
Genedrive Shares Plunge 34% on Disappointing H1 Results Despite Upbeat H2 Outlook
Shares of Genedrive PLC (LON: GDR) fell 34% after the molecular diagnostics company released disappointing financial results for the six months ended 31 December 2020. The company reported an operating loss of £2.9 million compared to 2019’s £2.6 mil
Open Orphan Provides Covid-19 Study Update – Share Price Down 2%
Open Orphan (LON: ORPH) shares are lower on Thursday following its update on the Covid-19 Human Challenge Programme. The pharmaceutical firm said the first three volunteers have now successfully completed the quarantine phase with no safety concer
Ceres Power Shares Fall Despite Appointing an Experienced Independent Director
Shares of Ceres Power Holdings plc (LON: CWR) fell 4.47% despite the company appointing Tudor Brown, the former President of UK chip designer ARM Holdings, as an independent director. Investors were unimpressed by the announcement despite Tudor be