latest updates
- Latest 16:35: European Markets Close ower
- 16:10: Market Moves
- 15:15: Tesla
- 14:35: Cortina Bidco to Acquire AFH Financial
- 14:31: US Markets Open
- 14:25: TS Acquisitions, Latch Inc
- 13:30: US Equity Futures
- 12:25: EU Covid-19
- 10:51: BlackBerry
- 10:47: Synairgen
- 09:47: GameStop
- 08:01: European Markets Open
Latest
16:35
European Markets Close ower
- FTSE 100: -0.80%
- DAX: -1.62%
- STOXX 50: -1.33%
- IBEX 35: -1.73%
- CAC 40: -1.57%
16:10
Market Moves
There have been some crazy moves so far today in the US market. GameStop reached highs of $159.18 before hurtling back towards $90 per share.
Express Inc also surged, up over 11% at $4 per share, while it is now trading at $3.29. Again due to retail investors piling into the stock.
Elsewhere, US 10y yields are down 5%, while US equities are sliding with the Dow down 1%, the S&P 500 down 0.64% and the Nasdaq 0.34% lower.
15:15
Tesla
According to reports in South Korea, Tesla has partnered with Samsung on a new 5nm chip for full self-driving.
Tesla shares are up on the news, sitting at $893.51, +5.54%.
14:35
Cortina Bidco to Acquire AFH Financial
AFH Financial Group PLC announced it has agreed to a £224.5 million takeover offer made by Cortina Bidco Ltd.
Cortina Bidco will acquire the wealth management company for463p per share, a 16% premium on AFH’s Friday closing price.
AFH Financial shares are currently trading at 458p, up 15.16%
14:31
US Markets Open
- DOW: +0.00%
- S&P: +0.22%
- NASDAQ: +1.02%
14:25
TS Acquisitions, Latch Inc
TS Innovation Acquisitions Corp’s (NASDAQ: TSIA) shares are surging on Monday after it was revealed that Latch Inc plans to go public via a blank check merger with the company.
Full story: TS ACQUISITIONS SHARES SOAR ON LATCH INC SPAC MERGER
13:30
US Equity Futures
- DOW: -0.47%
- S&P: +0.06%
- NASDAQ: +0.99%
The Best Shares to Buy Right now
12:25
EU Covid-19
The EU is to order pharmaceutical companies to register their Covid-19 vaccine exports in advance according to EU officials.
10:51
BlackBerry
Shares of BlackBerry are up 27.92% at $17.94 premarket, despite a Bloomberg report last week that insiders are unloading their shares.
BlackBerry shares also saw a rapid rise last week, gaining 42.68%.
The Best Tech Stocks To Buy Now
10:47
Synairgen
Shares of Synairgen plc (LON: SNG) surged 13.6% after its respiratory COVID-19 drug SNG001 was included in the US ACTIV-2 Phase II trial targeting patients with the coronavirus whose symptoms do not warrant hospitalisation.
Full story: SYNAIRGEN SHARES SURGE 13.6% AFTER THE INCLUSION OF SNG001 IN A US GOVT COVID-19 TRIAL
09:47
GameStop
GameStop shares, which saw an enormous 83% rise last week, are up over 73% premarket on Monday at $113.
The surge came after activist short-seller Citron Research outlined five reasons to sell the stock. However, retail day traders have driven the price to all-time highs.
The Best Video Game Stocks To Buy Now
Citron maintain that GME is going to $20. That is in fact above the average price target of six Wall Street analysts surveyed by TipRanks…
08:01
European Markets Open
- FTSE 100: +0.29%
- DAX: +0.44%
- STOXX 50: +0.36%
- IBEX 35: +0.39%
- CAC 40: +0.28%
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