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Shares of global investment management firm GQG Partners also fell on Monday. (ASX:GQG) The stock fell 14% following the downgrade from UBS. The company has invested heavily in Adani Group, one of India’s largest conglomerates. However, in mid-November, Adani’s founder and numerous executives were indicted on bribery charges in the United States. GQG stock has fallen more than 9% in the past five days.
hazer group (ASX:HZR) The company’s share price soared on Tuesday after it received $6.2 million in funding from the Western Australian Government. Heiser has an innovative process for producing hydrogen using natural gas as a feedstock and iron ore as a catalyst. This provides a low-emission, cost-effective alternative to traditional hydrogen production. Over the past five days, Heiser stock has risen about 12%.
Innovic (ASX:IIQ) reported on progress on cancer testing this week. The company’s ovarian cancer test achieved more than 94% accuracy, and its breast cancer test achieved high specificity. Currently, there is no recommended method for detecting ovarian cancer in women without symptoms, and early intervention is known to dramatically improve survival rates. INOVIQ stock has increased over 14% in the past five days.
Thursday, HMC Capital (ASX:HMC) announced the acquisition of Neoen’s Victorian renewable energy portfolio for $950 million. This includes wind, solar and battery energy storage systems. This acquisition will be the seed of HMC’s energy transition platform.
Over the past five days, HMC Capital’s stock price has fallen by 0.5%.
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