Trainline shares jump 21.6% to 341.75p after the company raised guidance on passenger volume recovery
Trainline upgraded its guidance for FY23 on faster-than-expected recovery of rail passenger volume across Europe, and a resurgence of of US passengers. In the first four months of FY23, Trainline's net ticket sales are up 16% YoY.
Jody Ford, CEO, said: "Not only is domestic rail travel rebounding at an impressive rate across Europe, but tourists are also returning strongly, with Americans leading the way. More and more people are recognising that travelling by train is better for the environment and the best way to travel cross-country and cross-border at speed."
Just Eat shares rise 17.0% to US$1,390 on partnership with Amazon
Amazon has purchased a 2% stake in Just Eat's struggling US delivery subsidiary Grubhub+. Amazon will offer its Prime members free access to GrubHub+ for one year.
The agreement is expected to expand membership to Grubhub+, while having a neutral impact on Grubhub's 2022 earnings and cash flow, and be earnings and cash flow accretive for Grubhub from 2023 onwards.
Savannah Resources shares fall 30.83% to 2.3p on CEO departure and lithium project extra licensing step
Savannah Resources plc announces that David Archer is stepping down after almost nine years as CEO. He will be succeeded on an interim basis by Dale Ferguson, the Company's Technical Director, while the Company conducts a search for a new full-time CEO.
Savannah was also notified by Portugal's environmental regulator that its Barroso lithium project in the country would require an extra licensing step.
Non-Standard Finance shares rise 19.2% to 2p on non-executive chairman purchase
Non-Standard Finance shares moved up today after Mr. Charles Gregson, Non-Executive Chairman of the Company, purchased 425,000 ordinary shares at a price of 1.975p on 4 July 2022. Gregson now owns 0.8% of the Company.
Inspirit Energy shares fall 17.7% to 0.042p on continued volatility following INSP's recent update on its Waste Heat Recovery (WHR) system
A week ago, Inspirit Energy provided an update on its Waste Heat recovery (WHR) system. WHR is a major component in automobile engine design and other heat recovery applications the Company has been working on whereby waste heat exhaust is recycled and converted to energy. With limited testing, Inspirit Energy's prototype system hit its highest recorded output of over 30 kW in the first stage build test period.
Shares in the company soared 84.7% on the day of the announcement and volatility has continued since then.