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Audacy Stock Rallied 86.5% on Plans To Sell Assets and Cut Costs

The Audacy Inc (NYSE: AUD) stock price soared 86.5% after yesterday’s Q1 earnings releases, and the follow-up Q&A session shed more light on the company’s future. A key highlight of the Q&A session was pointed questio

Simon Mugo
ImmuPharma (IMM) Shares Fell 18.4% on the Final FY ’22 Results

The ImmuPharma PLC (LON: IMM) share price fell 18.4% after releasing its final results for the year ended 31 December 2022. The company lost £3.8 million, marking a significant improvement to the £8.2 million loss it incurred

Simon Mugo
iTV Shares Plunged 5.9% on Q1 2023 Results, Full-Year Guidance

The ITV plc (LON: ITV) share price plunged 5.88% on Q 2023 update after revealing that its total external revenues were down 7% to £776 million in 2023 from £834 million in 2022 during the first three months of the year ended

Simon Mugo
Addex Therapeutics (ADXN) Stock Rallied 62.1% on Phase 2 Study

The Addex Therapeutics Ltd - ADR (NASDAQ: ADXN) stock price rallied 62.1% after the ADX71149 (JNJ-40411813) Phase 2 epilepsy clinical study was recommended to continue by an Independent Interim Review Committee (IRC) followin

Simon Mugo
Unique Fabricating (UFAB) Stock Surged 132.8% Despite No News

The Unique Fabricating Inc (NYSEAMERICAN: UFAB) stock price surged 132.78% despite the lack of news from the company that specialises in the engineering and manufacturing of multi-material foam, rubber, and plastic components

Simon Mugo
Cellular Goods (CBX) Shares Soared 230% on Sephora Partnership

The Cellular Goods PLC (LON: CBX) share price soared 230% after revealing that it had entered into a contract with the multinational beauty and cosmetics retailer Sephora to have its “Look Better” skincare range available for

Simon Mugo
Velocys (VLS) Shares Spiked 27.1% on Altalto’s First DfT Funding

The Velocys PLC (LON: VLS) share price spiked by 27.1% higher after revealing that the Altalto Immingham Sustainable Aviation Fuel (SAF) Project had completed all the requirements to claim the first tranche of £7 million of t

Simon Mugo
Cineworld Shares Rallied 7.32% As It Prepares To Raise $2.6Bn

The Cineworld Group plc (LON: CINE) share price rallied 7.32% as the movie theatre operator prepares to exit bankruptcy proceedings. The company received approval from the U.S. Bankruptcy Court in Houston, Texas, to raise $2.

Simon Mugo
USDJPY Trades Sideways As the USD and JPY Lacked Momentum

The USDJPY currency pair was trading up slightly as the currency pair struggled to rally higher as the US dollar and Japanese yen remained equally matched. However, the US dollar’s lack of momentum kept the currency pair trad

Simon Mugo
Clearone (CLRO) Stock Soared 77.4% on a $1.00 Special Dividend

The Clearone Inc (NASDAQ: CLRO) stock soared 77.4% after declaring a one-time special dividend of $1.00 per share, citing the recent legal settlements, which generated extra cash for the company. The board decided to share th

Simon Mugo
Mobiquity Technologies (MOBQ) Stock Surged 80% Despite No News

The Mobiquity Technologies Inc (NASDAQ: MOBQ) stock price surged 79.9% despite the lack of news releases from the digital advertising and data intelligence company. The lack of recent news leaves us no voice but to look to pr

Simon Mugo
Hemogenyx Shares Edged 7.92% Higher on the FDA IND Application

The Hemogenyx Pharmaceuticals PLC (LON: HEMO) share price edged 7.92% higher after revealing that it had submitted an Investigational New Drug (IND) application seeking the FDA’s approval to start a Phase I clinical trial of

Simon Mugo
Kanabo Shares Plunged 4.92% on £2.54M Capital Raise, New Chair

The Kanabo Group Plc (LON: KNB) share price plunged 4.92% after announcing that it had completed fundraising to raise approximately £2.54 million via the issue of 88,194,443 new Ordinary Shares (Fundraise Shares).

Simon Mugo
Purplebricks’ Share Price Crashed 61.6% on Financial Problems

The Purplebricks Group PLC (LON: PURP) share price crashed 61.6% after revealing that its performance during the financial year ended on 31 April 2023 was in line with management expectations as outlined on 17 February 2023,

Simon Mugo
Bellicum Pharma (BLCM) Stock Price Soared 138% – Here’s Why

The Bellicum Pharmaceuticals Inc (NASDAQ: BLCM) stock price soared 138% despite the lack of news from the clinical biopharma company specialising in Cellular IO. The lack of recent news releases from the company leaves us no

Simon Mugo
AUDUSD Ralies Higher Despite Weak Aussie Building Permits Data

The AUDUSD currency pair was trading over 51 pips higher today, leading the pair to break above a crucial resistance zone that has been in place since late February. The break higher is a strong indicator that we could see a

Simon Mugo
Immuron Stock Surged 58.3% As FDA Lifts Clinical Hold on ETEC Drug

The Immuron ADR (NASDAQ: IMRN) stock price surged 58.3% after the US Food and Drug Administration (FDA) lifted its clinical hold on the company’s New Campylobacter ETEC Therapeutic IND application. 

Simon Mugo
PacWest Bancorp Stock Rallied 36.5% on Upbeat Market Sentiment

The PacWest Bancorp (NASDAQ: PACW) stock price rallied 36.5%, extending the 81.7% gain made on Friday as the bank reiterated that its business remained sound. The regional bank also slashed its quarterly dividend payout to 1

Simon Mugo
USDCAD Falls As the Canadian Dollar Rose Despite Upbeat US NFP

The USDAD currency pair was trading down for the second consecutive session as the Canadian dollar rallied against its US peer despite the release of upbeat US nonfarm payroll data during the American session. The upbeat US j

Simon Mugo
Save Foods (SVFD) Stock Price Surged 52% Despite Lack of News

The Save Foods Inc (NASDAQ: SVFD) stock price surged 51.92% despite the lack of news from the agri-food tech company specializing in eco-crop protection that helps to reduce food waste and ensure food safety. 

Simon Mugo