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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
USDCAD Pair Falls on Upbeat Canadian Inflation Data, Weak USD

The USDCAD currency pair was trading down 59.5 pips (0.44%) as the Canadian dollar rallied against its US peer on upbeat inflation data. The upbeat inflation data reignited bets that the Bank of Canada will have to implement

Simon Mugo
AMTD Ideas Soars 240% On AMTD Digital, HKD, IPO Performance – Here’s Why?

Key points: AMTD stock is soaring hundreds of percent This is off the IPO of the subsidiary HKD, which is up thousands of percent The big question is whether this will all

Tim Worstall
Tim Worstall
Hub Cyber Security (HUBC) Stock Rose 68% After Post-IPO Drop

The Hub Cyber Security (NASDAQ: HUBC) stock price rallied 68% today after falling over two days following its Wednesday, March 1, 2023, IPO via a SPAC merger with Mount Rainier Acquisition Corp. The company’s stock quickly fe

Simon Mugo
Roku Stock Edges Higher Before Earning on Positive Expectations

The Roku Inc (NASDAQ: ROKU) stock price increased during the premarket trading session ahead of its earnings results scheduled for release after the market closes. Analysts and investors bet the company will have better Q1 re

Simon Mugo
Analysts Split On Peloton Shares Ahead of Earnings Release

Peloton (NASDAQ: PTON) shares are up 39% so far in 2023, and heading into its earnings release next week, analysts are split in their view of the company and stock.

Sam Boughedda
Apple Earnings – Here’s What Analysts Expect

Apple (NASDAQ: AAPL) will report earnings next week Thursday, February 2, and given the

Sam Boughedda
Analysts Positive On Nike Shares Ahead of Q2 Earnings Release

Nike (NYSE: NKE) shares are down over 32% in 2022, but analysts at Citi and Morgan Stanley are positive on the stock ahead of its fiscal second quarter 2023 earnings release on December 20.

Sam Boughedda
Lululemon Earnings – Here’s What Analysts Expect

Lululemon (NASDAQ: LULU) is set to report earnings for its latest quarter after the close on Tuesday, with investors hoping for a more positive reaction after the company's stock fell 9% in the aftermath of its January 9 four

Sam Boughedda
XPeng Q4 Earnings – Here’s What to Expect

Chinese electric vehicle company XPeng (NYSE: XPEV) is set to report earnings for it

Sam Boughedda
Lion Group Holding (LGHL) Stock Soared 90.6% Despite No News

The Lion Group Holding Ltd - ADR (NASDAQ: LGHL) stock price soared 90.6% despite the lack of news from the professional investment platform. The last significant announcement from the company was in January when it filed a $2

Simon Mugo
Greggs Share Price Fell 3.03% Despite Upbeat Q1 Earnings Results

The Greggs plc (LON: GRG) share price fell 3.03% after issuing its trading update for the first 19 weeks of 2023. The British bakery chain reported 17.1% in like-for-like sales, attributing the significant gains to the impact

Simon Mugo
Tower Resources (TRP) Shares Crashed 58% on £2.3M Placement

The Tower Resources PLC (LON: TRP) share price crashed 58.3% after revealing that it had raised gross proceeds of £2.3 million through a conditional placing and subscription of approximately 4.6 billion new ordinary shares of

Simon Mugo
SYME Shares Edged 11.1% Higher on Planned Investor Presentation

The Supply@Me Capital PLC (LON: SYME) share price edged  11.1% higher after announcing the date for its next investor presentation via the Investor Meet platform on 25 May 2023 at 11.30 a.m. (BST). All investors are welcome t

Simon Mugo
Canadian Overseas (COPL) Shares Fell 10.5% on Q1 2023 Results

The Canadian Overseas Petroleum Limited (LON: COPL) share price fell by 10.53% after its Q1 2023 financial results and operating update were released. The company sold an average of 974 bbls/d during the quarter, significantl

Simon Mugo
Here’s Why Boohoo Shares Surged 15.4% on Full-Year 2023 Results

The Boohoo Group PLC (LON: BOO) share price surged 15.43% after its final results for the year ended on 28 February 2023. The fast fashion company £1.769 billion in revenues during the year, marking an 11% drop to £1.983 bill

Simon Mugo
Amigo Shares Have Risen 69.7% in a Month. Is There Hope?

The Amigo Holdings PLC (LON: AMGO) share price has risen 69.7% in a month despite the looming liquidation of the guarantor lender. Earlier in April, the company issued an update saying it does not know what could have trigger

Simon Mugo
EURUSD Falls As Euro Weakens Against the Dollar on Sentiment

The EURUSD currency pair was trading down over 20 pips as the dollar rallied against the single currency to end the week much lower than the previous one. On the weekly chart, we can see that the currency pair just bounced of

Simon Mugo
SoftBank Shares Fall as Vision Fund Loses Money Amid Tech Rally

The SoftBank Group Corp - ADR (OTCMKTS: SFTBY) stock price fell premarket after its Vision Fund investment arm lost money again in the quarter that just ended, despite a rebound in tech stocks. In addition, the lack of a new

Simon Mugo