Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Growth stocks coverage continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Growth stocks coverage continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Growth stocks coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Growth stocks coverage continues on .com
Go to Proactive UK

Proactive Wraps

Graphene Manufacturing Group Ltd GMG View profile

Market movers: Casey's General Store, ODDITY, Signet Jewelers, Graphene Manufacturing Group...

Graphene Manufacturing Group Ltd (TSX-V:GMG, OTCQX:GMGMF) said its fast-charging GCELLS have shown no reduction in performance after 489 charge cycles, each completed within six minutes, in the latest data from its battery development program with Rio Tinto.

The cycling data, collected by the Battery Innovation Center of Indiana on 1 Ah cells built with materials developed and supplied by GMG's Brisbane Battery Development Centre, compared the GCELLS against a well-known Lithium Titanate Oxide battery tested under the same charging profile. The LTO cell degraded to 86% of its original capacity, near the industry's typical 80% end-of-life threshold, within just 64 cycles.

Compass Pathways (NASDAQ:CMPS) climbed 4% on Wednesday after new 52-week data from the company's Phase III study of COMP360, its investigational oral psilocybin treatment for treatment-resistant depression (TRD).

The data, from the open-label Part C portion of Study '005, showed sustained efficacy with an infrequent dosing paradigm of two to four times per year.

Jersey Mike's (NYSE:JMKE) reported second-quarter earnings that topped adjusted profit estimates but fell short on revenue, as the sandwich chain forecast accelerating same-store sales growth heading into the current quarter.

Revenue for the quarter came in at $208 million, up 10% from a year earlier but below the $209 million analysts had expected.

Signet Jewelers Limited (NYSE:SIG) raised its full-year profit forecast after second-quarter earnings beat Wall Street estimates, sending shares up 20%.

The jewelry retailer posted adjusted earnings per share of $2.19 for the quarter, well above analyst estimates of $1.74 and up 36% from a year earlier.

Chewy Inc (NYSE:CHWY) reported second-quarter revenue and profit above Wall Street estimates on Thursday, even as shares fell 8.6% after the pet products retailer's free cash flow missed expectations.

Revenue rose 7.3% year-over-year to $3.33 billion, edging past the $3.32 billion analysts had forecast. Adjusted earnings per share came in at $0.36, up 9.1% from a year earlier.

Academy Sports + Outdoors (NASDAQ:ASO) on Wednesday raised its full-year adjusted profit forecast after posting second-quarter earnings that beat analyst estimates, sending shares up 9%.

The sporting goods retailer reported adjusted earnings per share of $2.31 for the quarter, topping estimates of $2.08 and up 19.1% from a year earlier. Revenue came in at $1.65 billion, matching estimates and up 3% year-over-year.

ODDITY (NASDAQ:ODD) shares jumped 14% on Wednesday after the company posted second-quarter results that topped Wall Street estimates and issued a stronger-than-expected full-year profit outlook.

The consumer tech company reported revenue of $181 million for the quarter, beating estimates of $178 million but down 25% from a year earlier. Adjusted earnings per share came in at $0.20, ahead of the $0.16 estimate, while adjusted EBITDA reached $13 million, more than the $8.8 million analysts had projected.

Casey's General Stores Inc (NASDAQ:CASY) shares fell around 15% on Wednesday after the convenience-store operator's inside same-store sales growth of 3.2% fell short of expectations, overshadowing a quarter that beat on revenue, earnings and EBITDA.

The company, the third-largest convenience-store retailer in the United States, reported first-quarter fiscal 2027 revenue of $5.68 billion, ahead of estimates of $5.57 billion.

Sovereign Metals Ltd (ASX:SVM, OTCQX:SVMLF, AIM:SVML, FRA:SVM) traded at 27.70p, up 4%, on Wednesday as a scoping study indicated the potential for $84 million in additional annual EBITDA at Kasiya.

The scoping study estimates a $722 million increase in Kasiya’s pre-tax net present value, discounted at 8%, from $29 million of additional initial capital.

Asiamet Resources Ltd (AIM:ARS, OTC:KMGLF, FRA:0FK) traded at 2.08p, up 12%, on Wednesday after completing its KSK sale and approved a $93 million special dividend.

The miner received $104.9 million from Norin Mining (Hong Kong) Limited for Indokal Limited, the subsidiary holding its entire interest in the KSK project.

Corero Network Security PLC (AIM:CNS, OTCQB:DDOSF) shares jumped as high as 28% to 10.9p after the cybersecurity specialist reported a sharp rise in first-half revenue, swung into profit and upgraded its full-year outlook.

Revenue for the six months to 30 June 2026 climbed 42% to $15.5 million from $10.9 million a year earlier, driven by new customer wins and contract expansions. EBITDA improved to $2.6 million from a $1.4 million loss.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Growth stocks coverage continues on .com
Go to Proactive UK

Today’s Edition