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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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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