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Terminix Global Stock Soars 27% on $6.7B Acquisition from Rentokil
Terminix (NYSE: TMX), one of the largest pest control companies in the world, announced today that they will be acquired by Rentokil, a prominent name in British pest control. The news was interpreted as a story of two
Adagio Therapeutics (ADGI) Stock Price Plunged 69.9% on Disappointing Pre-Clinical Data
Adagio Therapeutics Inc (NASDAQ: ADGI) stock price plunged 69.9% after releasing disappointing results about the effectiveness of its ADG20 drug candidate against the Omicron variant of the coronavirus. The company revealed that the data generate
Here’s Why Galera Therapeutics (GRTX) Stock Price Soared 180.4% Today
The Galera Therapeutics Inc (NASDAQ: GRTX) stock price rallied 180.4% after releasing the corrected data regarding its Phase 3 ROMAN trial of avasopasem for the treatment of severe oral mucositis (SOM) induced by cancer radiotherapy. The trial was
Mind Technology Jumps 36% On US Navy News
Mind Technology Inc (NASDAQ: MIND) stock is up 36% premarket on news of an agreement with the US Navy. The contract is to work with the Panama City-based research operation of USN on antimine warfare. The aim is to upg
Exicure Up 30% Premarket On Restructuring Reconsideration- Dead Cat Bounce?
Exicure Inc (NASDAQ: XCUR) stock is up 30% premarket on reconsideration of the restructuring plans. The stock price at Exicure dropped over 40% yesterday as the plan was announced - the rise today is likely a more reas
Vela Technologies Share Price Surged 20% After a Clinical Study. What’s Next?
Vela Technologies PLC (LON: VELA) share price surged 20% after announcing that its portfolio company St. George Street Capital (SGSC), had completed the Clinical Study Report (CSR) from the ARCADIA Phase II clinical trial. Investors cheered the ne
Joules Group Down 20% On 35% Revenue Rise
Joules Group (LON: JOUL) shares are down 21% this morning off the back of their trading update. Group revenue was up 35% which clearly is less than the market was expecting. Joules Group should, as the consensus opinio
Drax Share Price Barely Moved Despite Acquiring a New Biomass Business. Is It a Buy?
The Drax Group Plc (LON: DRX) barely moved after its subsidiary, Pinnacle Renewable Energy Inc, signed an agreement to acquire Pacific BioEnergy’s pellet sales order book. The deal automatically adds 2.8 million tonnes of orders to supply sustaina
Oxford BioMedica (OXB) Share Price Fell 4.65% Despite Contract Extension. What’s Next?
The Oxford BioMedica plc (LON: OXB) share price fell 4.65% despite revealing that it had signed a new licence and supply agreement (LSA) with Arcellx. The gene and cell therapy company also announced the extension of its partnership with Novartis
Zinnwald Lithium Down 20% On Placing And Offer
Zinnwald Lithium (LON: ZINN) shares are down 20% this morning after news of a placing after the close last night. The current price is slightly above the placing price which could be seen as good news for the future.
The FTSE 100 Level Is Inverse To The Pound’s Exchange Rate
The FTSE 100 (the Financial Times/ Stock Exchange 100 largest companies) Index is often taken to be an in
Premier African Completes Fundraising Share Placing, What Happens Now?
Premier African Minerals (LON: PREM) has completed a share placing to raise £800,000 for the African lithium and tantalum miner. The share price has dropped 6% as a result. This isn’t a huge surprise, that stock price
Nuverra Environmental Surges 122% on Acquisition from Select Energy
Nuverra Environmental (NYSEAMERICAN: NES) stock surged over 100% in mid-market Monday trading, following an announcement that they will be acquired by Select Energy Services, a provider of sustainable full life cycle w
Getech Group Shares Rally On SGN Deal To Develop Green Hydrogen Hub
Shares of NetZero technology provider and data-led energy asset developer Getech have jumped in early Tuesday trading after it announced a new green hydrogen deal. Getech
Kodal Minerals Shares Up 10% On Mali Update, What Now?
Kodal Minerals PLC (LON: KOD) stock is up 10% this morning on an update to the company’s mining prospects in Mali. As a junior miner specialising in gold and lithium we can expect continued volatility in the share pric
Foghorn Therapeutics Stock Up 40% on Oncology Partnership with Lilly
Foghorn Therapeutics (NASDAQ: FHTX), a clinical-stage biotech company, has announced today that it has entered into a promising new partnership with Loxo Oncology at Lilly, a research and development group of Eli Lilly
Intel Stock Moves Sideways On New $7B Chip Factory, Is It Undervalued?
One of the US’s leading chip manufacturers - Intel - announced today new plans for a chip factory in Malaysia. The company has stated the transaction will involve an investment of roughly $7B, with the target of expand
Harley Davidson Stock Rallies 13% on New Electric-Motorcycle Division
One of the most distinguished names in the world of two-wheelers, Harley Davidson (NYSE: HOG) is embracing the electric curve this morning with the announcement of LiveWire; the companies own electric-motorcycle divisi
Lucid Group Stock Rebounds 6% on Bullish Signals & Nasdaq-100 Listing
As discussed last week, Lucid Group (NASDAQ: LCID) has been in bearish focus lately. With the SEC investigation and $2B in debt financing looming over bullish sentiment, Lucid stock plunged over 10% to round off last w
Arena Pharma Up 92% Premarket On Pfizer Takeover, Arbitrage Trade Available
Arena Pharmaceuticals Inc (NASDAQ: ARNA) stock jumped 92% premarket this morning on the announcement of a takeover by Pfizer (NYSE: PFE). The buyout is at $100 a piece for the stock, a 100% premium to Friday’s closing