Today: 11 June 2026
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NASDAQ:SYRE 2 January 2026 - 5 January 2026

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  • Nigeria's Stock Market Surge Boosts Zombie Firm Shares by 250%
    June 11, 2026, 12:15 AM EDT. Nigeria's stock market has seen a surge as retail investors, driven by significant gains and user-friendly trading apps, make riskier bets. A so-called 'zombie firm'-a company struggling financially but not yet bankrupt-has seen its share price soar by 250%. This highlights growing speculative trading activity in Nigeria, fueled by increased market participation and optimism despite underlying company weaknesses. Market analysts caution that while the boom is attracting new investors, the elevated risk and volatility could pose challenges.

Latest articles

Tech stocks slide after hours, Oracle’s AI spending draws focus

Tech stocks slide after hours, Oracle’s AI spending draws focus

11 June 2026
Semiconductor stocks plunged 3.6%, dragging the S&P 500 technology sector into correction territory—down 11% from its June 2 record—as investors punished AI-linked companies like Oracle and Super Micro Computer for heavy spending and capital raises, signaling a shift in risk appetite amid rising inflation and escalating U.S.-Iran tensions.
Murphy USA Shares Spike 10% After Casey’s Margin Surge Rattles Gas Station Sector

Murphy USA Shares Spike 10% After Casey’s Margin Surge Rattles Gas Station Sector

11 June 2026
Murphy USA soared 10.04% to $612.16 as investors seized on Casey’s General Stores’ stronger-than-expected fuel margins, spotlighting sector-wide pump profitability; with Murphy’s own first-quarter fuel contribution up 40.6% and margins at 35.0 cents per gallon, the stock’s jump reflects bets that high margins will persist, though volatility in fuel prices remains a key risk.
Sky Quarry Jumps in After-Hours; Traders Eye June Refinery Restart

Sky Quarry Jumps in After-Hours; Traders Eye June Refinery Restart

11 June 2026
Sky Quarry soared 22.44% to $1.91 on record volume, then jumped to $2.38 after hours, as investors bet on a June refinery restart after repairs and a feedstock shortage crushed Q1 revenue to $383; with just $66,828 in cash and “substantial doubt” about its ability to continue, the stock’s fate hinges on hitting its June production target.
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