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Histogen Stock Rallied 33.4% After US Patent Award. What Next?

The Histogen Inc (NASDAQ: HSTO) stock price rallied 33.4% after revealing that it had been issued a U.S. patent covering CTS-2090 Methods of Use. The US Patent and Trademark Office (USPTO) issued Histogen with US Patent No. 1

Simon Mugo
Enzo Biochem Stock Price Soared 79.8% on Its Clinical Labs’ Sale

The Enzo Biochem Inc (NYSE: ENZ) stock price soared 79.83% after agreeing with Labcorp to acquire the assets of Enzo’s Clinical Laboratory division. The two companies did not disclose the financial details of the transaction,

Simon Mugo
Verditek Shares Rallied 25% on a Supply Agreement With Lindab

The Verditek PLC (LON: VDTK) share price rallied 25% after revealing that it had signed an exclusive 3-year supply agreement with Lindab Profil AB, a Swedish company that develops, manufactures and sells building products.

Simon Mugo
Predator Oil & Gas (PRD) Shares Plunged 23% on £2M Fundraise

The Predator Oil & Gas Holdings PLC (LON: PRD) share price plunged 23.33% after raising £2,000,000 via a discounted share placement where it placed 15,500,000 new ordinary shares and borrowed 20,863,636 existing ordinary

Simon Mugo
Cineworld Shares Muted Despite Freezing Vue From Sale Process

The Cineworld Group plc (LON: CINE) share price barely moved despite rumours that it has frozen its London rival Vue International from the ongoing sale process. The news comes after earlier reports indicated that Vue had sec

Simon Mugo
EURUSD Rises After the ECB’s 0.50% Rate Hike – What’s Next?

The EURUSD currency pair was trading up over 25 pips as the single currency rallied against the US dollar following yesterday’s massive crash driven by market uncertainties. The European Central Bank’s 50 basis points rate hi

Simon Mugo
Lipella Pharma (LIPO) Stock Soared 68.9% on Phase 2a Drug Trial

The Lipella Pharmaceuticals Inc (NASDAQ: LIPO) stock price soared 68.9% after completing the Phase 2a clinical trial evaluating the safety and efficacy of its LP-10 drug candidate for treating hemorrhagic cystitis.

Simon Mugo
Ceres Power Shares Rallied 5.49% on a 2-Year Collaboration Deal

The Ceres Power Holdings PLC (LON: CWR) shares rallied 5.49% after signing a contract with Robert Bosch GmbH (Bosch) and Linde Engineering to assess and validate the cost,  performance, and operational functionality of Ceres’

Simon Mugo
OKYO Pharma Stock Rallied 20% on Trial Listing, $5.3M Capital Raise

The OKYO Pharma Ltd ADSs (NASDAQ: OKYO) stock price rallied 20% after revealing the phase 2 clinical trial of its OK-101 dry eye disease drug treatment had been listed on the ClinicalTrials.gov website, making it accessible t

Simon Mugo
Centamin Shares Dropped 4.78% on FY22 Results and Later Rose

The Centamin PLC (LON: CEY) share price dropped 4.78% after releasing its financial results for the year ending December 2022. The gold mining company generated revenues worth $788 million from selling 438,638 oz of gold at a

Simon Mugo
Supply@Me (SYME) Shares Fell 8.2% on New Director Appointment

The Supply@Me Capital PLC (LON: SYME) share price fell 8.18% after announcing the appointment of a new director to replace another who stepped down to pursue other business interests. The inventory monetisation company appoin

Simon Mugo
Hurricane Energy Shares Surged 25.4% on Takeover by Prax Group

The Hurricane Energy PLC (LON: HUR) share price surged 25.4% after announcing that it had agreed to be acquired by the Prax Group in a complex deal that could see its shareholders receive up to 12.50p per share, representing

Simon Mugo
GBPUSD Crashes Despite Upbeat Budget as Dollar Demand Soars

The GBPUSD currency pair was trading down over 127 pips as demand for the US dollar soared amid market turmoil created by the US banking crisis that has now spread to European banks such as Credit Suisse, which many fear coul

Simon Mugo
GameStop Stock Dropped 6.2% As New Movie Enthusiasm Waned

The GameStop Corp. (NYSE: GME) stock price fell 6.21% two days after news leaked that Sony Pictures was set to release a movie titled ‘Dumb Money’ depicting the massive overnight fortunes made and lost by amateur investors du

Simon Mugo
Boxed Stock Price Crashed 49% Amid Looming Bankruptcy or Sale

The Boxed Inc (NYSE: BOXD) stock price crashed 49% after revealing that it held all its funds in Silicon Valley Bank (SVB) accounts and that its corporate credit cards were also maintained via SVB. The company also revealed t

Simon Mugo
Why Credit Suisse Stock Price Fell 28% on Saudi Bank’s Decision

The Credit Suisse Group AG (NYSE: CS) stock price fell 28.4% after its largest shareholder, the Saudi National Bank, said it would not give the troubled bank any further financial assistance. The Chairman of the Saudi bank sa

Simon Mugo
Binance Suspends UK Deposits: What’s Next for Its Customers?

The UK customers of Binance.com woke up to the news that the crypto exchange was shutting down deposits and withdrawals in Sterling pounds offered through the Paysafe payment processor. Other deposit and withdrawal options ar

Simon Mugo
Mosman Oil & Gas (MSMN) Shares Rose on Oil Reserves Upgrade

The Mosman Oil & Gas Ltd (LON: MSMN) shares rallied 16.7% after revealing that the proved reserves at its Cinnabar Project in Tyler County, Texas, had increased by 78%. In addition, the company noted that after the succes

Simon Mugo
Prudential Shares Plunged 7.2% on Slow Hong Kong Travel Rebound

The Prudential plc (LON: PRU) share price plunged 7.16% after releasing its full-year results for 2022. The UK insurance company is now fully focused on the Asian and African markets that promise significant growth in the com

Simon Mugo
MGC Pharma Shares Surged 6.67%, but Later Fell – Here’s Why

The MGC Pharmaceuticals Ltd (LON: MXC) share price surged 6.67% after enrolling the first patient in its proprietary data collection App and machine learning algorithm, ZAM. The app will collect the data from an observational

Simon Mugo