Articles by Daniel Marsh
AtkinsRéalis Surges on Turkey Nuclear Review, Market Cap Gains C$683M
AtkinsRéalis shares surged 4.81% as Turkey's preliminary review of CANDU reactors boosted investor sentiment, adding C$683 million in market cap.
MDA Space Rises on TSX as NYSE Observes Independence Day
MDA Space shares rose 1.9% on the TSX to C$58.82, with NYSE trading paused for the U.S. holiday. The gain added C$151 million in equity value.
Kraken Robotics Shares Dip Post-Covelya Deal Despite Revenue Forecast Boost
Kraken Robotics shares gained 4.7% to C$6.67 after closing the Covelya acquisition, but trade below the C$8.50 deal price. The company raised its 2026 revenue midpoint 79% to C$305 million.
SECURE Waste Surges on GFL Buyout Speculation, Deal Spread Narrows
SECURE Waste Infrastructure shares rose over 4% as GFL Environmental advanced on buyout speculation, shrinking the deal spread to about 1.5%.
BlackBerry Stock Surge Driven by $200M Convertible Note and QNX Growth
BlackBerry shares surged 48.6% in five sessions, driven by a $200 million convertible-note deal and strong QNX revenue growth. The company raised its fiscal 2027 outlook.
Nu Holdings Buyback Impact Limited by Heavy Trading Volume
Nu Holdings' $1 billion buyback is viewed as modest against $2.8 billion in shares traded during a shortened holiday week, with analysts noting limited impact on credit and margin issues.
Keel Infrastructure Stock Plunge Brings Convertible Note Terms Into Focus
Keel Infrastructure shares dropped 14.68% to $4.59, erasing $477M in market cap, more than the $445.4M net from June convertible notes. The stock remains below the $7.41 conversion price.
SpaceX Short Interest Surges Ahead of Nasdaq-100 Inclusion
SpaceX (SPCX) faces a record short interest of 31% of free float as it prepares for Nasdaq-100 inclusion, which could trigger $4.3 billion in passive buying.
