Shares in RC365 Holding PLC (LSE:RCGH) fell 18% on Friday after the company issued a clarification statement addressing recent investor speculation.
The drop rolled back some of the gains made earlier in the week, though the stock remains up 14% over the last five trading days.
Shares in Pennant International Group PLC (AIM:PEN) fell 11% on Friday after the company warned that contract delays would weigh on this year’s revenues.
The group reported a drop in first-half revenue to £4.5 million, down from £7.4 million a year earlier, with 88% of turnover generated from software and services. Gross margin slipped to 45% and the adjusted loss before tax widened to £1.7 million.
The Smarter Web Company (AQSE:SWC) announced its latest Bitcoin purchase as part of its long-term treasury policy.
It bought 50 additional Bitcoin, with an acquisition cost £4.33 million, bringing the company’s total holdings to 2,100 Bitcoin.
Duolingo Inc shares closed nearly 14% higher on Thursday, adding just over $2 billion to its market capitalisation after a turbulent trading session.
The language learning platform’s stock initially surged a third in value at one point on strong quarterly results.
Pinterest Inc (NYSE:PINS) shares tumbled more than 11% after hours on Thursday, erasing around $3 billion from its market value, after the company missed second-quarter profit forecasts despite strong revenue and user growth.
Adjusted earnings came in at 33 cents per share, below analysts’ expectations of 35 cents.