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USDCAD Rises As Canadian Dollar Falls on Weak Inflation Data

The USDCAD currency pair was trading up over 49 pips as the US dollar gained against its Canadian peer. The release of mixed inflation data from the Canadian docket in the early American session amplified the loonie’s weaknes

Simon Mugo
Novo Integrated (NVOS) Stock Rallied 41.5% on Investor Sentiment

The Novo Integrated Sciences Inc (NASDAQ: NVOS) stock price rallied 41.5% today, although there were no news releases from the company. Therefore, it is clear that the rally in NVOS stock was driven by positive investor senti

Simon Mugo
Cerberus Cyber (CISO) Stock Soared 178.3% on Q4 and FY22 Data

The Cerberus Cyber Sentinel Corp (NASDAQ: CISO) stock price soared 178.26% after releasing its preliminary financial results for Q4 2022, and the fiscal year ended 31 December 2022. The company’s Q4 revenues soared 150% to $1

Simon Mugo
Eqtec Share Price Plunged 25% on Discounted £3.5M Capital Raise

The EQTEC PLC (LON: EQT) share price plunged 25% after revealing that it had conditionally raised £3.5 million before expenses via a placing where institutional investors and others subscribed directly to placing units priced

Simon Mugo
Powerhouse Energy (PHE) Shares Rose 5.3% on HUI Joint Venture

The Powerhouse Energy Group PLC (LON: PHE) share price rose 5.26% after signing a Heads of Terms agreement with Hydrogen Utopia International Plc to co-develop a non-recyclable plastic waste-to-hydrogen facility site at Longf

Simon Mugo
Chewy Earnings – Here’s What to Expect

Online pet retailer Chewy (NYSE: CHWY) is set to release its earnings for the fourth quarter after the market close on Wednesday, March 22, and with its share price up just over 1% in 2023, investors will be hoping the result

Sam Boughedda
United Oil & Gas Shares Surged 27% As ASH-8 Started Production

The United Oil & Gas PLC (LON: UOG) share price surged 27% after revealing that its ASH-8 development well (ASH-8) in the Abu Sennan licence area in onshore Egypt had started production on 16 March 2023.

Simon Mugo
GBPUSD Surged As ING Analysts Predict a 25bps BoE Rate Hike

The GBPUSD currency pair was trading up over 78 pips as the Sterling pound rallied higher against the US dollar. The pound’s rally was primarily driven by positive investor sentiment towards the UK banking system, which has b

Simon Mugo
Loyalty Ventures (LYLT) Stock Soared 86.6% Despite Bankruptcy

The Loyalty Ventures Inc (NASDAQ: LYLT) stock price soared 86.6% despite the company’s ongoing chapter 11 bankruptcy process and looming voluntary delisting of its stock from the Nasdaq Global Select Market.

Simon Mugo
Boxed Stock Rallied 58% Premarket. Is This a Dead Cat Bounce?

The Boxed Inc (NYSE: BOXD) stock price rallied 58% premarket as investors bought the company’s stock despite the lack of new announcements. Given today's rally's lack of fundamental triggers, it is fair to question whether th

Simon Mugo
Why SolGold Shares Were Muted After Appointing a CEO and CFO

The SolGold plc (LON: SOLG) share price barely moved after the appointment of a new CEO and CFO. Investors barely reacted to the news primarily because the new CEO is familiar since he had been acting CEO following the resign

Simon Mugo
Genedrive Shares Spiked 13% Higher, but Later Fell – Here’s Why

The Genedrive PLC (LON: GDR) share price spiked 13% higher after announcing that the Genedrive® MT-RNR1 ID Kit was being prepared for installation at two more hospital sites in the North West NHS, that is, the greater Manches

Simon Mugo
Canadian Overseas (COPL) Shares Rallied 15% on $14.8M Bond

The Canadian Overseas Petroleum Limited (LON: COPL) share price rallied 15% after revealing that it had secured convertible bond financing to meet its immediate cash needs, given that the company was facing severe liquidity i

Simon Mugo
USDCAD Rallies as US Dollar Rises, Falls on Consumer Sentiment

The USDCAD currency pair was trading up over 38 pips as the US dollar gained against its Canadian competitor during the early American session. However, the greenback was similar to the loonie, given the minimal gains made by

Simon Mugo
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