Global financial stocks and the funds that invest in them have been hit hard by the pandemic, but there is a chance that they may have been oversold.
The price of shares in FTSE 250 entertainment group Cineworld slumped 34.63% after management announced a suspension of cinema operation in the US and UK.
AIM-listed accessories firm Mulberry saw its share price fall by 11.45% after reporting a 10% decline in revenues for the year ended 28th March.
Shares in AIM-listed recruiter Staffline rose by 16.18% after its training arm won a contract with the Department of Work and Pensions.
In this monthly charting column, full-time trader Michael Taylor reveals three stocks that he reckons could see fireworks in the month ahead.
Mark Watson-Mitchell anticipates improving fortunes for this specialist filtration and environmental technology company.
The price of shares in FTSE 250 marine engineer James Fisher and Sons climbed by 1.83% after the company was awarded a multi-year contract with the Royal Navy.
Shares in Energean dropped after a subsidiary purchased a field support vessel from a related party for $33.25 million.
AIM-listed Cenkos Securities saw its share price rise by 4.44% after reporting a 21% uplift in revenues for the six months ended 30th June.
2020 was a terrible year for Ten Entertainment, but Mark Watson-Mitchell sees the group recovering quite strongly in the year to end-December 2021.
