NewsRoom Articles - Page 39 of 40

MondayApr 11, 2022 11:54 am

Watch for Continued Gains in Shares of GlaxoSmithKline PLC (GSK)

Shares of GlaxoSmithKline PLC (NYSE:GSK) traded at a new 12-month high today of $46.97. Approximately 1.1 million shares have changed hands today, as compared to an average 30-day volume of 5.2 million shares. Over the past year, GlaxoSmithKline PLC has traded in a range of $35.84 to $46.97 and is now at $46.38, 29% above that low. GlaxoSmithKline PLC is currently priced 5.7% above its average consensus analyst price target of $43.76. In the pharmaceutical industry, GlaxoSmithKline ranks as one of the largest firms by total sales. The company wields its might across several therapeutic classes, including respiratory, cancer, and…

MondayApr 11, 2022 11:46 am

Lucid Motors (NASDAQ: LCID) Ramps Up Marketing to Increase Awareness of Its EVs

More than a decade after the Tesla Roadster launched and proved that electric vehicles were commercially viable, the nascent electric vehicle industry is slowly filling up with competition. Gone are the days where the only player in the EV game was Tesla; legacy auto makers and several EV startups have now thrown their hats into the ring in a bid to snag a portion of the lucrative electric vehicle market. Lucid Motors (NASDAQ: LCID), an electric vehicle manufacturer initially founded in 2007 that unveiled its first EV in 2016, has launched widespread marketing efforts. Lucid’s first offering — the Lucid Air…

FridayApr 08, 2022 1:19 pm

Bumble Inc. (BMBL): The Winning Streak Continues

Shares of Bumble Inc. (NASDAQ:BMBL) traded today at $84.80, eclipsing its 12-month high. This new high was reached on above average trading volume as 52.5 million shares traded hands, while the average 30-day volume is approximately 4.8 million shares. Bumble Inc. is engaged in offering online dating services. The company operates two apps, Bumble and Badoo, where users come on a monthly basis to discover new people and connect with each other. Over the past year, Bumble Inc. has traded in a range of $15.40 to $64.71 and is now at $26.60. Potential upside of 1.9% exists for Bumble Inc.,…

FridayApr 08, 2022 1:18 pm

Bristol-Myers Squibb Company (BMY) Climbs to Annual-High Share Price

Shares of Bristol-Myers Squibb Company (NYSE:BMY) traded today at $77.84, eclipsing its 12-month high. Approximately 5.2 million shares have changed hands today, as compared to an average 30-day volume of 15.4 million shares. Bristol-Myers Squibb discovers, develops, and markets drugs for various therapeutic areas, such as cardiovascular, oncology, and immune disorders. A key focus for Bristol is immuno-oncology, where the firm is a leader in drug development. Unlike some of its more diversified peers, Bristol has exited several nonpharmaceutical businesses to focus on branded specialty drugs, which tend to support strong pricing power. Bristol-Myers Squibb Company is currently priced 3.2%…

FridayApr 08, 2022 1:15 pm

Watch for Continued Gains in Shares of AutoZone Inc. (AZO)

AutoZone Inc. (NYSE:AZO) traded at a new 12-month high today of $2221.57. So far today approximately 62,000 shares have been exchanged, as compared to an average 30-day volume of 204,000 shares. AutoZone Inc. is currently priced 18.6% above its average consensus analyst price target of $1803.25. Over the past year, AutoZone Inc. has traded in a range of $1367.96 to $2221.57 and is now at $2214.36, 62% above that low. AutoZone is the premier seller of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in the United States. The company derives an increasing proportion of its sales from domestic…

MondayMar 14, 2022 9:30 am

Tingo Inc. (TMNA) Aims to Expand Solutions Across Africa; Intends to List on NYSE and Become a Truly Continental Business with Global Reach

Tingo is looking into expanding market footprint across 19 African countries in a bid to scale its impact across continent Company has grand plans for the future, including listing on New York Stock Exchange to become a pan-African company with global outlook With unrelenting commitment to combine value creation for shareholders with inclusive growth, Tingo remains focused on reshaping the face of agribusiness across Africa Widely regarded as Nigeria's most valued agri-fintech, Tingo (OTC: TMNA) is eyeing a potential expansion beyond its domestic market to elevate opportunities for rural communities across the entire continent. Uncompromised in its commitment to uniting…

WednesdayFeb 23, 2022 9:45 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Emerging Leader in Rare Earth Sector Slated for Growth in 2022

The rare earth element market expected to see interest from investors, governments around the world in coming year Supply will need to pick up to meet global demand for REEs, primarily from EVs Restoring REE production to U.S. will greatly benefit the nation’s economy and clean energy sector Last year saw more major developments in the rare earth elements (“REE”) space than the last seven years combined, according to a recent InvesBrain report (https://nnw.fm/1mUHl). Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), which has historically been a leading U.S. uranium mining company, is keenly interested in the space, as the company has…

FridayFeb 18, 2022 9:15 am

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) in Strong Position as 2022 Uranium Outlook Appears Promising

Uranium is one of the few commodities to register two solid years of gains amid a global pandemic Nuclear continues to account for 20% of total electricity in the U.S. and is the largest source of carbon-free power, with consistent global growth projected through 2050 Energy Fuels holds three of America's key uranium production centers and boasts more uranium production capacity than any other U.S. company As the new year begins, things in the uranium sector look good, according to a recent Uranium Investing News report. A rosy 2022 forecast means good news for Energy Fuels Inc. (NYSE American: UUUU)…

ThursdayFeb 10, 2022 9:00 am

Tingo Inc.’s (TMNA) Core Subsidiary Tingo Mobile Set to Launch Multi-Million Dollar Fund to Support Female Farmers; the First Grant Awarded to Female Fungus Farmer

Tingo build on strong focus on gender equality, encouraging women in business as core value while engaging thousands of women agents in Nigeria Company set to launch fund to award grants mainly to female farmers and inspire new generation of leaders Tingo to continue supporting Nigerian farmers as economic empowerment is considered key to achieving continent's socio-economic transformation Tingo (OTC: TMNA) has been long known for supporting farmers in Africa, especially women lead businesses, but its wholly owned subsidiary Tingo Mobile is elevating that support to the next level. The company is set to launch a ₦2.5 billion (approximately $6…

TuesdayFeb 08, 2022 11:03 am

How Tingo Inc.’s (TMNA) Digital Technology Seeks to Change Farming in Africa

Tingo has made it its corporate mission to transform the way rural business in Africa is conducted, thereby helping millions of people across Africa improve their economic prospects The company has based their business model around several key tenets, namely – the provision of technology through its unique ‘device-as-a-service’ model, access to financial services through TingoPay and access to market through Nwassa digital Agri-Marketplace Alongside its corporate aspirations, Tingo has also adopted a number of the United Nations Sustainable Development Goals (“SDG’s”), through which it seeks to invest in the future of its millions of stakeholders For the past 50…

The exclusive home of the biggest and brightest companies covered by IBN.

Contact us: (512) 354-7000