In recent weeks, the mergers and acquisitions company ILUS International Inc (OTCMKTS:ILUS) has seen its stock emerge as one of the major gainers and the trend continued yesterday. Investors continued to move in to the stock on Thursday and sent it jumping by 23% amidst considerable interest. That took the gains generated by the stock to 51% over the course of the past week and to as much as a…
Borr Drilling Limited (NYSE:BORR) Stock is Up 10% in a Month: Here is Why
Borr Drilling Limited (NYSE:BORR) has gained 10% in a month. The company announced securing a letter of Award for its high-quality jack-up boring rig “Mist” for a Southeast Asia operator. The program will commence on November 2021 for seven months, including options. Most importantly, the net start-up cash cost for the rig will be $1.75 million. The LOA will be converted into a contract increasing Borr Drilling’s contracted fleet rigs…
Eros STX Global Corporation (NYSE:ESGC) Stock Gains Momentum After The News
Eros STX Global Corporation (NYSE:ESGC) jumped 4% after it announced that the £50 million bondholders of the 6.5% UK retail bond expected in 2021 had authorized potential waivers and modifications to the UK Retail Bond at a bondholders’ meeting on September 20, 2021. The waivers and modification include the expiry date modification to April 15, 20223 from October 15, 2021, and interest rate increase to 8.5% form 6.5% effective October…
Four Seasons Education (NYSE:FEDU) Stock Suddenly Soars 45%: What’s Going On?
Four Seasons Education (NYSE:FEDU) jumped 45% as some Chinese Education stocks continue struggling with regulations. The Chinese government is looking to spur economic growth, and it is forcing for-profit education firms to be non-profits. However, others such as FEDU have been gaining considerably with savvy trading strategies such as the latest buyback.In July, the Communist Party sought to tighten education sector regulations in a bid to make educational tools accessible…
Is Naked Brand Group Ltd (NASDAQ:NAKD) Stock a Buy Or Sell After The Recent Underperformance?
Naked Brand Group Ltd (NASDAQ:NAKD) is among the Reddit meme stocks seeing renewed interest. Thus, it could be worth looking at. The stock appears to have established solid support at the $0.5 range. Despite the stock trying to move up in the last few weeks, it has met considerable resistance on each occasion. NAKD’s last Reddit motivated rally was in June bring the stock to highs of $1 in days….
Sundial Growers Inc. (NASDAQ:SNDL) Stock Continues to Trade in a Range: Now What?
Sundial Growers Inc. (NASDAQ:SNDL) is a meme stock that has been smoked again, presenting a buying opportunity for pennies. The cannabis stock is down 3% this week, and some investors are concerned about what is happening. However, the shares are off two pennies at $0.7, which implies there is no need for any bearish drive for the movement. It is unlikely that the US debt-ceiling and China’s property developer Evergrande’s…
Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) Stock Extends The Fall: Down 12% in a Month
Tonix Pharmaceuticals Holding Corp (NASDAQ:TNXP) is down 12% in a month after announcing a research collaboration expansion with Columbia University. This research partnership focuses on the study of immune response to COVID-19 in healthy subjects that are asymptomatic or have recovered from the virus. Equally, it will study in vitro antibody and T cell responses to the COVID-19 causing virus, SARS-CoV-2.Most importantly, the research seeks to fill vital gaps in…
Eco Depot (OTCMKTS: ECDP) Acquires Development One Nanotechnologies And Energy, Inc., And Stock Jumps 21.57%
Eco Depot (OTCMKTS: ECDP) stocked jumped 21.57% last night to $1.0200 in heavy trading, almost double its daily average, after it announced that it acquired private coatings manufacturer Development One Nanotechnologies And Energy, Inc., buying all of its outstanding common shares. The move came one week after it named Hadelin Carlos Diericx Trouyet new President and CEO, with a focus on continuing business development and acquisitions through international organizations. His…
Logiq Inc (OTCMKTS:LGIQ) Stock Extends Rally After The News
Shares of Logiq Inc (OTCMKTS:LGIQ) continues to move higher at the open on Thursday as the Worldwide fintech and e-commerce solutions providing firm Logiq Inc is in the news this morning. Logiq Introduces Geofencing, Enabling Marketers to Customize Messaging Based Upon Context of Consumer Location Here are the key highlights The company revealed that it expanded its LDM or Logiq Digital Marketing platform in order to now offer geofencing based…
Domestic Oil Investors Back Permian Stocks as the Commodity Soars
Oil is already up 48% on the year. Goldman Sachs recently updated their Brent crude forecast to $80 per barrel. Bank of America strategist Francisco Blanch is calling for $100 oil. In the US despite a general economic malaise fuel demand has recovered. In the last month, supply reached almost 21 million barrels per day, which is around the pre-pandemic peak in 2019. This rising demand is meeting a shrinking…