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Drax Is 4% Off Recent Peaks On Biomass Announcement, Is the Business Viable Long-Term?
Drax (LON: DRX) is 4% off recent peaks overnight as it makes an announcement about its biomass business. That the former coal plant is falling at a time of record highs for energy prices is evidence of the different op
Pendragon Rises On Trading Update – But Is It Sustainable?
Pendragon PLC (LON: PNG) upgraded their profit expectation for the year - this is the second time in only 2 months. The background here is the shortage of new vehicles caused by the chip shortage.
Digitalbox Shares Surge 40%, What Now?
Shares of digital media business Digitalbox (LON: DBOX) jumped over 58% in early Thursday as investors reacted to the news that it expects revenue and EBITDA for the year to be significantly ahead of market consensu
Should You Buy ECR Minerals Shares After Resolving Its Philippines Project?
ECR Minerals PLC (LON: ECR) share price rallied 6.96% after announcing the resolution of its 25% shareholding in Cordillera Tiger Gold Resources Inc, a Philippines gold mining and exploration company. The company’s shareholding has been pending re
Aditxt (ADTX) Stock Price Fell 23.7% After Raising $17.4M via Public Share Offering
Aditxt Inc (NASDAQ: ADTX) stock price fell 23.7% after announcing a firm commitment to offer up to 16.57 million shares of its common stock to investors at a public offer price of $1.05 to raise over $17.4 million. The offer includes common stock
Applied UV (AUVI) Stock Price Spiked 47.2% Higher on Thai Army Contract Win
Applied UV Inc (NASDAQ: AUVI) stock price spiked 47.2% higher after announcing that its Thailand distribution partner will be installing Airocide® units at the Armed Forces Research Institute of Medical Sciences ("AFRIMS"), Bangkok, Thailand. The
OceanPal (OP) Stock Price Soared 127.6% on the Second Day. Should You Buy It?
OceanPal Inc (NASDAQ: OP) stock price soared 127.6% during premarket trading on the second day after its shares started trading on the Nasdaq Capital Market following its spinoff from Diana Shipping. The company was formed after Diana Shipping dec
Longeveron Drops 17% On Private Placing News, What Now?
Longeveron Inc (NASDAQ:LGVN) stock dropped 17% premarket as it announced a private placing to raise capital for the company. Port of this fall in price is simply that the placing was at a significant discount to the ru
Aviva Share Price Surged 3.14% After Finally Selling Its Polish Business for €2.5Bn
Aviva plc (LON: AV) share price surged 3.14% after completing the sale of its Poland insurance business, including the Lithuania business. The insurance company sold the business to its rival Allianz for €2.5 billion. The business included life in
Ardelyx Up 26% On Announcement Of New Drug Launch
Ardelyx Inc (NASDAQ: ARDX) is continuing its momentum run from yesterday's 32% stock price jump with another 28% jump premarket. The background here is the disaster the stock price suffered in the summer combined with
Zanaga Iron Ore Down 11% Even As Iron Ore Price Rises
The Zanaga Iron Ore Company Ltd (LON: ZIOC) is down a little over 11% even as the iron ore price itself rises. This is proof that for junior miners the devil is in the details - it’s also what shows them to be such tem
Should I Buy Coinbase Stock After the Acquisition of Unbound Security?
Globally-renowned crypto-king Coinbase announced today the completed acquisition of Israeli security company Unbound Security, in a bid to expand its multi-party computational capabilities. The move didn’t spark much o
Vela Technologies Share Price Rallied 14.1% After Investing £250K in Skillcast IPO
Vela Technologies PLC (LON: VELA) share price rallied 14.1% after investing £250,000 in Skillcast Group plc's IPO funding round, which raised £3.5 million for the company and £1 million for selling shareholders. Skillcast was founded 20 years ago
Abingdon Health Drops 25% — A Trading Opportunity?
Abingdon Health (LON: ABDX) has announced a share placing to raise working capital for the lateral flow testing company. The discount to the pre-existing price is 34% to the Tuesday price, the share price drops 25% to
Here’s Why Cellular Goods Share Price Fell 8.31% Despite Launching New Products
Cellular Goods PLC (LON: CBX) share price fell 8.31% after launching its first product portfolio and its e-commerce website in a classic buy the rumour sell the news scenario. Investors have been waiting to launch its inaugural products since its
Oracle Resources Shares Rally on Pakistan Facility Update
Green hydrogen firm Oracle Power has jumped over 10% Wednesday following an update on its strategy to develop a green hydrogen production facility in Pakistan, in
Atlantic Lithium Up 7% On West Africa Resource Upgrade
Atlantic Lithium (LON: ALL) was up 7% on an announcement of a resource upgrade at their West African project, Eyowaa. The “mineral resource estimate” is up 47% as a result of their drilling programme.
Amedeo Air Four Plus Jumps 35% On Share Buyback News, What Happens Now?
Amedeo Air Four Plus (LON: AA4) has jumped near 35% as the aircraft leasing company announces a return of capital to shareholders and the resumption of dividends. The underlying here is clearly that the business sector
Alien Metals Shares Edge Higher As it Aims to Expedite Iron Ore Development
Shares of Alien Metals (LON: UFO) are climbing Wednesday after it told investors it has set up a subsidiary to help expedite the development of the Hancock and Brockman Iron Ore projects.
GBS Inc Stock Price Gains on New SARS-CoV-2 Antibody Test
GBS Inc stock soared nearly 60% in Tuesday early trading, with the news that the company will start preparation for clinical trials of its rapid SARS-CoV-2 Antibody test, following successful clinical validation. Follo