Streetbeat News

ARBK

Argo Blockchain plc

https://www.argoblockchain.com

Industry

Financial - Capital Markets

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. Argo Blockchain plc was incorporated in 2017 and is headquartered in London, the United Kingdom.

Open

1.13

Mkt cap

71M

Volume

2.6M

High

1.21

P/E Ratio

-1.30

52-wk high

4.45

Low

1.02

Div yield

N/A

52-wk low

1.02

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Portfolio Pulse from Avi Kapoor

January 08, 2024 | 6:36 pm

During Monday's intraday session, several information technology stocks experienced significant movements. Spectaire Holdings (SPEC) saw a notable increase of 44.8%, while MMTEC (MTC) led the losers with a 19.1% decline. Other gainers included Alpine 4 Holdings (ALPP), Mawson Infra Gr (MIGI), Casa Systems (CASA), Strong Global (SGE), and Intellinetics (INLX). On the losing side were GSE Systems (GVP), Argo Blockchain (ARBK), Presto Automation (PRST), MicroCloud Hologram (HOLO), and Sigma Additive Solutions (SASI).

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 5:30 pm

Argo Blockchain has successfully raised £7.8M ($9.9M) through the issuance of 38.064 million new shares at a price of £0.205 per share. This placement represents approximately 7.06% of the company's existing issued ordinary share capital prior to the placement, and was directed towards certain institutional investors.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 8:29 am

Seif El-Bakly has stepped down as COO of Argo Blockchain, with Sebastien Chalus to continue overseeing operations. Argo issued 1,973,892 new shares for El-Bakly's vested PSUs, which will be admitted to trading on the London Stock Exchange on January 11, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 7:06 am

During Friday's intraday session, several information technology stocks experienced significant movements. Alpha Technology Group's stock rose by 29.1%, while Aurora Mobile and Duos Technologies Group also saw substantial gains of 22.64% and 20.98%, respectively. Conversely, Mobix Labs, Verb Tech, and CISO Global were among the biggest losers, with their stocks falling by 14.4%, 13.91%, and 13.88%. Other notable movements included gains for Cemtrex, Unisys, and Transact Technologies, and losses for Argo Blockchain, MicroCloud Hologram, and MariaDB.

Portfolio Pulse from Benzinga Insights

January 05, 2024 | 5:30 pm

In Wednesday's after-market session, several Information Technology stocks experienced movement. Ascent Solar Technologies, Oblong, Sonim Technologies, Auddia, SMX, and SAI.TECH Global saw gains, while Signing Day Sports, Infobird Co, Argo Blockchain, MMTEC, CCC Intelligent Solutions, and CISO Global faced declines. The movements were reflected in percentage changes and updated market caps for each company.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 9:30 pm

Longboard Pharmaceuticals, Inc. (LBPH) shares soared by approximately 200% after announcing positive topline data from their PACIFIC Phase 1b/2a study of bexicaserin (LP352) for seizures associated with Developmental and Epileptic Encephalopathies (DEEs). Other stocks experienced significant movement in Tuesday's mid-day session, with various companies seeing substantial gains or losses.

Portfolio Pulse from Avi Kapoor

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LumiraDx Limited (NASDAQ:LMDX) shares dropped by 20% in pre-market trading following the announcement of selling its point-of-care technology platform to Roche. Other stocks experienced significant movements in pre-market trading, with various companies listed as gainers and losers based on their recent performance and news.

Portfolio Pulse from Avi Kapoor

January 02, 2024 | 1:08 pm

Zacks Investment Research has named Argo Blockchain, a cryptocurrency mining company, as its pick for a stock under $10. This recommendation suggests that Zacks sees potential value in Argo Blockchain's stock at its current price point, which is below $10.

Portfolio Pulse from Bill Haddad

December 29, 2023 | 3:23 pm

In Friday's pre-market session, several information technology stocks showed significant movement. FOXO Technologies (FOXO) led the gainers with a 23.6% increase, while DatChat (DATS) experienced the largest drop among the losers, falling 15.8%. Other notable gainers include Mobilicom (MOB), Alpha Technology Group (ATGL), Taoping (TAOP), Sigma Additive Solutions (SASI), and BIO-key Intl (BKYI). On the losing side, MMTEC (MTC), Datasea (DTSS), Argo Blockchain (ARBK), Castellum (CTM), and ClearOne (CLRO) also saw their share prices decline.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 1:05 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.