What Shares Were Popular Last Week? BAT, Imperial Brands And More
Investing.com | Apr 25, 2021 12:59
Here is a list of companies that were popular on the site in the latest week.h2 British American Tobacco/h2
Shares in British American Tobacco (LON:BATS) were popular on the site last week after reports that the Biden administration is considering curbing nicotine levels in cigarettes. British American Tobacco shares opened the week at 2,897.5p before falling over 7.5% on Tuesday following the reports. Shares closed the week at 2,734.0p.
Imperial Brands would also be impacted by any potential plans to cut the amount of nicotine in cigarettes. Imperial Brands (LON:IMB) opened the week at 1,579.5p before falling 7.3% on Tuesday. Shares closed the week at 1,486.5p.
Shares in Avacta Group (LON:AVTG) were in focus after the company announced full year results on Thursday. The company had revenue of £3.6mln in the year ending 31st December 2021 and reported a loss of £21.3mln. The company also announced positive data from its AffiDX Covid-19 antigen lateral flow test and expects commercial rollout in Europe in May. Avacta Group shares opened the week at 247.0p, rose to a high of 273.3p on Thursday before declining and ending the week at 233.0p.
The newly-listed US cryptocurrency exchange had its first full week of trading after listing on the NASDAQ the previous week. With the price of Bitcoin volatile, Coinbase (NASDAQ:COIN) shares were in focus. As the Bitcoin price declined shares fell. After opening the week at $337.38, shares fell on all five trading days and finished the week at $291.60.
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The UK-listed cryptocurrency miner was also popular as the price of Bitcoin fell over the weekend and again on Friday. Argo Blockchain (LON:ARB) opened the week at 132.50p and finished almost 20% lower on Monday. A 26% rally on Wednesday took shares back up to a weekly high of 210.0p before closing the week at 174.0p.
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