London-listed stocks opened lower on Tuesday as sentiment continues to worsen. The FTSE 100 is currently down 0.8%. Dive into Tuesday’s Morning Roundup to see the latest news.
- Argo Blockchain reported its operational update for September.
- The mining firm said during September, the group mined 215 Bitcoin or Bitcoin Equivalents, compared to 235 BTC in August.
- The decrease was due to a 12% increase in average network difficulty. In addition, the company help 512 Bitcoin, of which 167 were BTC Equivalents.
- The stock fell 26% on Tuesday.
- Plus500 issued the following trading update for the nine months ended 30 September.
- The trading platform reported revenue of $705.9 million, up 27% compared to the prior year.
- In addition, the group reported EBITDA increased 29% to $407.1 million
- PureTech Health announced it has mutually agreed with Nektar to terminate discussions regarding a possible business combination.
- Discussions with Nektar were announced on October 7 in response to media speculation.
- Given the early stages of these discussions and the potential for an extended period of uncertainty, these discussions were terminated.
- Shares of PureTech are down 2.84%.
- Marston’s issued its trading update for the 52 weeks to 1 October.
- The pub retailer reported total like-for-like sales were down 1% vs FY19.
- Meanwhile, total retail sales were up 2% and drink sales have continued to outperform food sales.
- The group stated inflationary pressures on its food and drink costs remain in line with previous guidance.
- Its shares gained 4% this morning.