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Trader’s Corner; Taxi Firm Crashes: 8-11-19

Ride-hailing firm, Uber, has seen its stock hit an all-time low after its IPO lock-up period ended this week. Its share price is now down to $27.11, a 45% plunge from its opening price when it was listed in a flurry of optimism in May. Investors have taken the opportunity to make a speedy exit…

On the rebound? Dating Tech, Metro; 8-11-19

Challenger bank Metro has made a remarkable return from life support, its share price rebounding by 65%. Up until now, the bank has had a terrible year, and even with the recent stock surge, share prices have lost 87% of their value. Metro’s share price now stands at 245.20p at the time of writing though,…

Market Analysis: 01-11-19

All the Brexit-related action on the political front did not really translate into anything major for the UK 100 this week. Last week’s bullish momentum was not sustained, as bears took over in a week that has seen more selling than buying. As at the time of writing, the UK 100 futures are trading 67.9…

Company Focus; Striking a Blow on Royal Mail’s Christmas: 01-11-19

Christmas postal deliveries could still be under threat as Royal Mail’s latest plea to halt a strike from its workers looks to have fallen on deaf ears. Earlier this month, the Communication Workers Union, which represents more than two thirds of Royal Mail’s workforce, voted overwhelmingly in favour of a strike, due to conflict about…

Strong Immunity for Pharma Firms: 01-11-19

The pharmaceutical market looks unphased by the current economic storm, with medicine giants GlaxoSmithKline and AstraZeneca both revealing strong Q3 results. GlaxoSmithKline reported a 16% rise in group sales for the quarter to just under £9.4 bn, providing a great tonic for investors. Share prices were up to a six year high after the results…

Trader’s Corner; Deep Dig for Oil Giant: 01-11-19

Oil giant Shell’s share price plummeted four per cent after the release of its Q3 results, which revealed profits were down 15% compared to the same time last year. Weaker oil prices have had a big impact for Shell, plus as the world becomes more environmentally aware, oil producers are falling out of investors’ favour…

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