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Loungers (LGRS) Shares Rose 2.67% on H1 FY’24 Trading Update

The Loungers PLC (LON: LGRS) share price rose 2.67% after releasing a trading update for the 24 weeks ended 1 October 2023. The company reported that its like-for-like sales had accelerated growth and opened 16 new sites duri

Loungers Lounge Cafe
Simon Mugo
COPL Share Price Fell 4.2% After Closing Financing To Raise $4M

The Canadian Overseas Petroleum Limited (LON: COPL) share price fell 4.2% after announcing that it had completed the capital raise first announced on 6 October 2023. The company raised US$4 million by selling shares price at

COPL Wyoming
Simon Mugo
Restaurant Group (TRG) Shares Soared 37.8% on Takeover Offer

The Restaurant Group PLC (LON: RTN) share price soared 37.84% after announcing that it had reached a deal to be acquired by Rock BidCo Limited, a special-purpose vehicle indirectly owned by the Apollo Funds. Affiliates of Apo

Restaurant Group stores
Simon Mugo
SIG Plc’s Share Price Crashed 25% on a Reduced FY Profit Range

The SIG plc (LON: SHI) share price crashed 25.05% after issuing a trading update for the three months ended 30 September 2023, its fiscal third quarter. The company’s like-for-like (LFL) sales fell 2% during the quarter compa

SIG-lory
Simon Mugo
3 London-Listed Stocks That Will Continue to Benefit From High Interest Rates

Despite the recent pause from the BoE, interest rates in the UK look set to remain high, with inflation remaining sticky. And according to the IMF, a further rate rise is possible.

Bank of England
Sam Boughedda
EasyJet Share Price Fell 3.81% on Mixed FY 2023 Trading Results

The EasyJet plc (LON: EZJ) share price fell 3.81% after releasing a trading update for the financial year ended 30 September 2023. The airline’s pretax profits during Q4 2023, its strongest quarter, rose to between £650 and £

Easyjet plane
Simon Mugo
Darktrace Shares Plunged 7.4% on Q1 Fiscal 2024 Trading Update

The Darktrace PLC (LON: DARK) share price plunged 7.36% after releasing a trading update for the first quarter (Q1) of its 2024 financial year, covering the three months to 30 September 2023. The company revealed that its Ann

Darktrace photo
Simon Mugo
QinetiQ (QQ) Shares Edged Higher for the Third Day on Q2 Results

The QinetiQ Group plc (LON: QQ) share price increased for the third day after the company released a trading update about its performance in Q2 2023. The company delivered an impressive second-quarter performance, improving i

Qinetiq defense plane
Simon Mugo
Burberry (BRBY) Share Price Fell 4.57% on Weak LVMH Q3 Sales

The Burberry Group plc (LON: BRBY) shares fell 4.57% after fellow luxury brand LVMH reported slowing sales growth in its critical American and European markets for luxury goods. The company’s shares fell because it designs an

Burberry store
Simon Mugo
Why the Marston’s Share Price Spiked 6.02% High, Then Later Fell

The Marston's PLC (LON: MARS) share price spiked 6.02% after issuing a trading update for the 52 weeks to 30 September 2023. The company’s total retail sales from its franchised and managed pubs were up 11.3% compared to last

Martson's
Simon Mugo
Baron Oil (BOIL) Shares Traded Flat on Chuditch-2 Well Location

The Baron Oil PLC (LON: BOIL) share price traded flat after releasing a report detailing the location of its planned Chuditch-2 appraisal well in Timor Leste. The company issued a report detailing all the reasons behind the c

Baron Oil logo
Simon Mugo
Rolls-Royce Shares Have Risen 122.7% This Year. What’s Next?

The Rolls-Royce Holdings PLC (LON: RR) share price has performed exceptionally well this year, up 122.7% after the recent pullback. However, the question remains: will the rally continue, or what comes next for the company?&n

Rolls Royce engine
Simon Mugo
YouGov Share Price Surged 19.7% on Final Fiscal 2023 Results

The YouGov Plc (LON: YOU) share price surged 19.7% after releasing the final results for the financial year ended 31 July 2023. The company revealed that its revenues grew 17% to £258.3 million compared to the 31% growth expe

YouGov logo
Simon Mugo
Reach PLC Shares Rose 3.99% on Q3 and 9-Month Trading Update

The Reach PLC (LON: RCH) share price rose 3.99% after a trading update regarding its performance in the past three months to 24 September 2023, its fiscal third quarter. The company also provided a snapshot of its performance

Reach plc newspapers
Simon Mugo
Bushveld Minerals (BMN) Shares Rallied 6.61% on Media Response

The Bushveld Minerals Limited (LON: BMN) share price rallied 6.61% after issuing a statement regarding media speculation about Mr Kamran Sattar and Portillion Capital Ltd's intention to call a general meeting of shareholders

Bushveld Minerals Trucks
Simon Mugo
Royal Mail (IDS) Share Price Fell 3.50% Amid Multiple Problems

Today, the Royal Mail share price, also known as International Distributions Services PLC (LON: IDS), fell 3.50% despite a lack of news releases from the parcels and letters delivery company. The company’s shares have been do

Royal Mail delivery centre
Simon Mugo
Sareum Shares Fell 6.38% on Mixed Final Full-Year 2023 Results

The Sareum Holdings Plc (LON: SAR) share price fell 6.38% after releasing the final results for the 2023 financial year ending 30 June 2023. The company lost £3.2 million after tax compared to the £2.2 million loss incurred l

Biotech Lab
Simon Mugo
Chill Brands’ Shares Rallied 18.8% on WHSmith Distribution Deal

The Chill Brands Group PLC (LON: CHLL) share price rallied 18.8% after announcing that it had signed a distribution agreement with WHSmith to have its products sold by the UK retailer operating 1,700 stores worldwide.

Chill ZERO products
Simon Mugo
Metro Bank’s Share Price Surged 27.9% on New Capital Package

The Metro Bank Holdings PLC (LON: MTRO) share price surged 27.9% after announcing that it had completed a successful capital package. The company had raised capital worth £325 million and a further £600 million in Debt Refina

Simon Mugo
Aviva Shares Surged 9.45% Amid Foreign Firm Takeover Rumours

The Aviva plc (LON: AV) share price surged 9.45% after a report by the UK Times magazine indicated that a foreign firm could acquire the insurance company. The report did not give much details but was attributed to “market ch

Aviva logo
Simon Mugo
Haleon Share Price Fell 2.22% on the $1.1 Billion GSK Stake Sale

The HALEON PLC (LON: HLN) share price fell 2.22% after GSK announced that it had sold about a quarter of its stake in the consumer healthcare company for a total of £886 million ($1.1 billion). GSK sold 270 million shares at

Haleon office
Simon Mugo
Quartix (QTX) Share Price Plunged 32.8% on Latest Trading Update

The Quartix Technologies PLC (LON: QTX) share price plunged 32.75% after issuing a trading update regarding the milestones achieved by the company, including the return of its founder and former CEO, Andy Walters, as the comp

Quartix logo
Simon Mugo
Ramsdens (RFX) Shares Rallied 7.95% on a Pre-Close Statement

The Ramsdens Holdings PLC (LON: RFX) share price rallied 7.95% after announcing its pre-close trading update for the year ended 30 September 2023, also known as fiscal year 2023. The Group noted that it had traded well during

Ramsdens CEO Peter Kenyon
Simon Mugo