Why the Alliance Aviation (ASX:AQZ) share price is up 67% in 12 months
James Mickleboro | February 11, 2021 10:12am |
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The
Alliance Aviation Services Ltd(ASX: AQZ) share price has been a positive performer on Thursday morning.
In early trade the contract, charter and allied aviation company’s shares are up 2% to $4.44.
This latest gain means the Alliance Aviation share price is now up 67% since this time last year.
Why is the Alliance Aviation share price surging higher?
Investors have been buying Alliance Aviation shares this morning following the release of its half year update after the market close on Wednesday.
In contrast to the heavy loss expected from
Sezzle Inc(ASX: SZL) share price from charging higher.
At the time of writing, the buy now pay later provider’s shares are up 6% to $11.14.
This latest gain means the Sezzle share price is now up 79% since the start of the year.
Why is the Sezzle share price charging higher?
Investors have been buying Sezzle shares after it announced the signing of a US$250 million receivables funding facility with Goldman Sachs Bank USA and Bastion Funding.
According to the release, these funds will be used to support the expansion of the company’s business in the United States and Canada.
Why the Ecofibre (ASX:EOF) share price is crashing 16% lower today
James Mickleboro | February 11, 2021 3:09pm |
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Ecofibre Ltd(ASX: EOF) share price has been a poor performer on Thursday.
At one stage today, the hemp company’s shares were down as much as 16% to $1.51.
The Ecofibre share price has since bounced back a touch but remains down 9% to $1.64 at the time of writing.
Why is the Ecofibre share price sinking?
Investors have been selling Ecofibre shares after the release of a very disappointing half year result.
For the six months ended 31 December, the company reported a 49% decline in revenue compared to the prior corresponding period to $14.7 million.
IOUpay Ltd(ASX: IOU) share price has been a very strong performer on Tuesday morning.
At the time of writing, the Malaysia-based buy now pay later (BNPL) provider’s shares are up a massive 30% to 26 cents.
This leaves the IOUpay share price trading within sight of its record high of 28 cents.
Why is the IOUpay share price rocketing higher?
Investors have been buying IOUpay shares today following the release of a positive announcement.
According to the release, the company has entered into a merchant referral agreement with EasyStore Commerce. This agreement will enable EasyStore’s merchants and end-user customers to utilise IOUpay’s BNPL payment services.