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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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Market movers: Electronic Arts, American Airlines, GE Aerospace, Diginex...

Tiziana Life Sciences Ltd (NASDAQ:TLSA) has announced positive results from studies of a nasal anti-CD3 monoclonal antibody in traumatic spinal cord injury (SCI).

SCI represents a major global health concern with significant effects on mortality and long-term disability, the company said in a statement on Thursday.

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Diginex (NASDAQ:DGNX) shares surged more than 90% on Thursday, one day after the Hong Kong-headquartered software provider debuted on the Nasdaq under the ticker symbol “DGNX”.

The company’s initial public offering (IPO) was priced at $4.10 per share. The company offered 2,250,000 ordinary shares at this price, aiming to raise gross proceeds of $9.225 million before expenses

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American Airlines Group Inc (NASDAQ:AAL, ETR:A1G) descended on Thursday after detailing losses would be steeper than analysts’ expectations over the first quarter.

Per share, adjusted losses were set to sit between US$0.20 and US$0.40 for the first three months of the year, against market projections for US$0.04.

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Vertical Aerospace Ltd (NYSE:EVTL) shares plummeted over 38% on Thursday after the air taxi maker unveiled pricing for an upsized US$90 million funding round.

Units encompassing shares and warrants would be sold at US$6 each, the company said on Thursday, below its Wednesday closing price of US$9.20.

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Bitcoin remained under pressure on Thursday in the absence of any key crypto policy announcements from Donald Trump, despite a bullish forecast from Larry Fink.

At US$102,188, the cryptocurrency dropped 1.4% for the day and reversed further from its record of over US$108,500, seen on Monday before Trump’s inauguration.

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GE Aerospace surged on Thursday after the aircraft engine maker unveiled expectation-topping fourth-quarter figures and boosted shareholder rewards.

Net income climbed by 49% to US$1.9 billion and trounced analysts’ expectations for US$1.2 billion, as revenue also surpassed forecasts, up 14% at US$10.8 billion.

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Electronic Arts Inc (NASDAQ:EA, ETR:ERT) tumbled 17% in pre-market trading after slashing guidance on a slowdown in its EA Sports FC franchise over the third quarter.

Having guided for mid-single-digit growth in live services net bookings over the year, EA on Wednesday said a mid-single-digit decline was now expected.

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