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Urban One Shares Rally Over 30%, Here’s Why

Media company Urban One (NASDAQ: UONE) shares are rallying on Wednesday after the company said that it is launching it's first national “personality-driven” podcast alongside Reach Media, named the “Undressing Room,” presented by Macy's. The US-ba

Sam Boughedda
Carnival PLC Shares Plunge as Investors Adjust to the Latest Cruise Cancellations

Shares of cruise ship operator Carnival plc (LON: CCL) today fell 5.79% as investors factored in the latest wave of cancellations issued Friday affecting cruises departing from various major ports across the globe due to the coronavirus lockdown meas

Simon Mugo
AMC Entertainment Shares Rally After Raising $917m in Financing

AMC Entertainment Holdings Inc (NYSE: AMC) said on Monday that since December 14, 2020, it has successfully raised or signed commitment letters to receive $917 million of new equity and debt capital, meaning it will avoid bankruptcy. Of the $917 m

Sam Boughedda
TS Acquisitions Shares Soar On Latch Inc SPAC Merger

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. TS Innovation Acquisitions, backed by property developer Tishman Speye

Sam Boughedda
Savannah Energy Share Price Surges After Revenue Outperforms

Savannah Energy’s (LON: SAVE) share price spiked 13.21% higher Monday morning after releasing its full-year trading update. The African focused British independent energy company develops high-quality energy projects in Nigeria and Niger. The c

Sam Boughedda
Amigo Loans (AMGO) Shares Crash 15.6% on New Compensation Scheme Plan

Shares of UK guarantor lender Amigo Holdings PLC (LON: AMGO) crashed 15.6% after announcing a new scheme to address the thousands of claims the company faces from aggrieved customers and compensating qualifying claims. The scheme is known as LL Sc

Simon Mugo
IBM Shares Fall As Revenue Fails To Meet Expectations

IBM (NYSE: IBM) shares are plummeting on Friday following the company's Q4 earnings report that showed it's revenue fell 6.5%, a larger than anticipated drop. IBM’s stock price fell as low as $117.37 per share after the open and is currently down

Sam Boughedda
88 Energy Shares Crash 28.5% After Slowing Alaskan Spending on Licensing Uncertainty

Shares of 88 Energy Ltd (LON: 88E) crashed 28.5% after announcing that it has taken steps to minimise spending on its exploration operations in the NPR-A region of the North Slope of Alaska. The mining company said that it was seeking clarificatio

Simon Mugo
Vela Technologies Shares Edge Higher After Selling BlockchainK2 Corp Holdings

Shares of Vela Technologies (LON: VELA) have edged slightly higher on Friday after the company said it has disposed of 272,000 shares in BlockchainK2 Corp, a blockchain technology investment firm. The shares represent Vela’s entire holdings in the

Sam Boughedda
Alien Metals (UFO) Shares Rise As Drilling Begins At Iron Ore Project

Alien Metals (LON: UFO) shares are climbing on Thursday after the company said the maiden drilling program at its Hancock Iron Ore project, is underway. The project is part of the Hamersley Iron Ore Project in Western Australia where geological ma

Sam Boughedda
SPI Energy Stock Jumps After Appointing Former Tesla Employee

Shares of SPI Energy (NASDAQ: SPI) are trading higher on Wednesday after the global renewable energy company and provider of solar storage and electric vehicle solutions said its subsidiary, Phoenix Motorcars, has appointed Edmund Shen as its Vice Pr

Sam Boughedda
Greatland Gold Shares Plunge 28.4% on Disappointing Drill Results at Scallywag

Shares of Greatland Gold plc (LON: GGP) fell 28.4% after the company announced disappointing drill results from the first three holes at its 100% owned Scallywag project located in Australia. The company completed seven drill holes at Scallywag in

Simon Mugo
Caladrius Biosciences Stock Explodes As First Patient In FREEDOM Trial Treated

Biopharmaceutical company, Caladrius Biosciences (LON: CLBS) confirmed on Tuesday evening that the first patient has been treated in its Phase 2b FREEDOM trial of CLBS16 as a therapy for coronary microvascular dysfunction, sending the company’s share

Sam Boughedda
Wincanton (WIN) Shares Spike As it Returns To Growth

Wincanton PLC revealed on Wednesday that it has seen a continued improvement in revenues and profitability since the initial impact of COVID-19 early in 2020. Following a recovery and stabilisation period, the supply chain partner for UK businesse

Sam Boughedda
Online Blockchain (OBC) Shares Close Lower After Issuing New Shares

Cryptocurrency miner Online Blockchain's (LON: OBC) shares closed lower on Tuesday after the company announced it has issued 613,635 new ordinary shares. Online Blockchain’s stock price closed the day down 8.60% at 42.6p per share. The company

Sam Boughedda
Aclaris Therapeutics Shares Skyrocket 160% After Positive Data From Arthritis Drug Trial

Shares of biopharmaceutical firm Aclaris Therapeutics Inc (NASDAQ: ACRS) have made substantial gains on Tuesday after the company reported positive data from its mid-stage rheumatoid arthritis ATI-450 trial. Aclaris’ stock price is trading over 15

Sam Boughedda
Superdry Shares Crash 14.2% on Huge Half-Year Loss Due to COVID-19 Lockdowns

Shares of Superdry PLC (LON: SDRY) fell 14.17% after the UK branded clothing retailer reported a larger than expected loss for the first half of its 2021 financial year. The company reported a pretax loss of £18.9 million ($25.7 million) for the 2

Simon Mugo
Centamin Shares Edge Higher on Positive Q4 and Full-Year 2020 Results

Shares of gold mining company Centamin PLC (LON: CEY) edged 3.44% higher after the company released its Q4 and full-year 2020 results, which were in line with previous guidance. The firm produced 68,000 ounces of gold in Q4 2020 as expected bringi

Simon Mugo
Velocys Shares Plummet 31% After Shell Abandons the Altalto Sustainable Fuel Joint Project

Shares of Velocys PLC (LON: VLS) fell 31% after announcing that Shell International Petroleum Company Limited (Shell) had withdrawn from the Altalto Joint Development project, which has no immediate funding calls and will proceed as planned. Veloc

Simon Mugo
Argo Blockchain (ARB) Shares Plunge Following £22m Placement

Blockchain technology firm Argo Blockchain (LON: ARB) has raised £22.4 million via a private placement with certain institutional investors, the company revealed on Monday. The UK-based business will issue 28 million ordinary shares at a purchase

Sam Boughedda
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