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ProShares Natural Gas ETF (BOIL) Stock Rose 17% – Here’s Why

The ProShares Ultra Bloomberg Natural Gas (NYSEARCA: BOIL) stock price soared 17% on 18 May 2023 after the latest US natural gas stockpiles report indicated a lower-than-expected volume as drillers abandoned the critical comm

Simon Mugo
IQE Shares Rallied 18.7% After Retail Shareholder Capital Raise

The IQE plc (LON: IQE) share price rallied 18.7% to recover most of yesterday’s losses after the company announced the closing of the capital raise in which the participating shareholders had been given a discounted price of

Simon Mugo
Velocys Shares Plunged 30.5% on £6M Capital Raise via a Placing

The Velocys PLC (LON: VLS) share price plunged 30.5% after announcing that the £6 million via a placing and retail offer had been completed after being launched yesterday. The company noted that the books remained open; hence

Simon Mugo
Premier African (PREM) Shares Fell 3.3% on the Second Fundraise

The Premier African Minerals Ltd (LON: PREM) share price fell 3.33% after announcing that it had conducted a second fundraising to raise £610,000 before expenses at an issue price of 0.925p per new ordinary share.

Simon Mugo
Genedrive Shares Surged 26.1% on NICE Test Recommendation

The Genedrive PLC (LON: GDR) share price surged 26.1% after the UK”s National Institute for Health and Care Excellence (NICE) recommended in the draft guidance that CYP2C19 genotyping should be used before the administration

Simon Mugo
Walmart Stock Edges Higher As Q1 Results Outdo Retail Peers

The Walmart Inc (NYSE: WMT) stock price edged higher after releasing its Q1 results after posting better results than its peers in the US retail industry. The company won over its retail industry peers by intentionally keepin

Simon Mugo
Alibaba Shares Fell on Q4 and FY Earnings, Multiple IPOs Planned

The Alibaba Group Holding Ltd - ADR (NYSE: BABA) share price fell slightly premarket after the Chinese e-commerce giant released its Q1 and fiscal year 2023 financial results. The company also announced plans for several IPOs

Simon Mugo
BT Group Shares Plunged 9.95% Despite Upbeat FY 2023 Results

The BT Group (LON: BT.A) share price plunged 9.95% after releasing its full-year results for the year to 31 March 2023. The company said it had grown its pro-forma revenue and EBITDA for the first time in six years, but the m

Simon Mugo
EasyJet Shares Rose on Upbeat H1 2023 Results Amid Expansion

The easyJet plc (LON: EZJ) share price edged 2.64% higher after releasing its financial results for the half-year that ended 31 March 2023. The budget airline and holiday destinations operator reported a headline loss before

Simon Mugo
Aston Martin (AML) Shares Surged 23.7% on a £234M Investment

The Aston Martin Lagonda Global Holdings PLC (LON: AML) share price surged 23.7% after receiving a substantial investment from Geely Holding, China's leading independent automotive group, to form a new business relationship t

Simon Mugo
Troika Media (TRKA) Stock Rallied 32.2% Despite a Lack of News

The Troika Media Group Inc (NASDAQ: TRKA) stock price rallied 32.15% despite the company filing to sell 10.69 million shares on behalf of some of its stockholders. The company clarified that it was not selling the shares on i

Simon Mugo
Experian Shares Plunged 5.8% Lower on Full-Year 2023 Results

The Experian plc (LON: EXPN) share price plunged 5.8% after issuing its financial results for the year ended 31 March 2023. The company generated revenues worth $6.587 billion during the year, marking an improvement of 6% in

Simon Mugo
Kyndryl Stock Price Fell 7.86% on Q4 and FY Loss Amid Changes

The Kyndryl Holdings Inc (NYSE: KD) stock price fell 7.86% after releasing the financial results for its fiscal fourth quarter ended 31 March 2023. The company revealed a pretax loss of $288 million and a net loss of $737 mil

Simon Mugo
Scottish Mortgage (SMT) Shares Barely Moved on FY 2023 Results

The Scottish Mortgage Investment Trust PLC (LON: SMT) share price fell after releasing its final results for the year ended 31 March 2023. The company revealed that it ended the year trading at a 17.8% discount to the net ass

Simon Mugo
Chaarat Gold (CGH) Shares Rallied 87.3% on a $250M Investment

The Chaarat Gold Holdings Ltd (LON: CGH) share price rallied 87.3% after signing a non-binding letter of intent (LOI) and an indicative term sheet with Xiwang International Company Limited for a potential equity investment of

Simon Mugo
Gelion Falls 19% As IPO Boom Fades, What Now?

Gelion PLC (LON: GELN) has fallen another 19% today as the IPO jump fades away. Gelion was listed on AIM just over a week back at 153 pence, has been up as high as 270p and now is fading back t

Tim Worstall
Tim Worstall
Cellular Goods (CBX) Shares Rose 16% on Sephora Listing Goods

The Cellular Goods PLC (LON: CBX) share price rose 16% after announcing that its Look Better and Get Better product ranges were live on Sephora. The company’s 'Look Better' (skincare) range and some select products from its '

Simon Mugo
JD Sports’ Share Price Fell 5.05% Despite Upbeat FY 2023 Results

The JD Sports Fashion PLC (LON: JD) share price fell by 5.05% after releasing the unaudited preliminary results for the 52 weeks that ended 28 January 2023 compared to the results for the 52 weeks to 29 January 2022. 

Simon Mugo
Kyndryl Holdings (KD) Stock Price Has Fallen 28.4% From Its IPO Price. What’s Next?

Kyndryl Holdings Inc (NYSE: KD) stock price has fallen 28.37% from its post-IPO highs as investors struggle to value the company apart from its parent company IBM. Kyndryl was spun off from IBM and started trading as a public company on November 4,

Simon Mugo
Symbotic Inc (SYM) Stock Price Soars 111% on Nasdaq IPO. Is It a Buy?

Key points: Symbotic Inc stock soared 111% on its Nasdaq debut via SPAC merger. The warehouse automation raised $750 million from investors.

Simon Mugo