Search Results for: COVID-19

By Kuldip K. Ambastha On Wednesday, August 4, 2021, General Motors Company (GM), a prominent automotive company, had a -8.9% loss for the trading day. While General Motors posted impressive numbers as part of its earnings announcement on that day, investors were nonetheless concerned about corporate management emphasizing caution for the second half of 2021. …

Continue reading “What Caught Our Attention in the Investment World? – Week of August 2-6, 2021”

By Kuldip K. Ambastha On Tuesday, July 20, 2021, the stock of HCA Healthcare, Inc. (HCA) was up by +14.4%. HCA Healthcare, a healthcare services company, reported strong 2Q2021 quarterly results on that trading day. Revenues, net income, and earnings all came in at impressive levels. As public health conditions have improved from the lows …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 19-23, 2021”

By Kuldip K. Ambastha On Friday, July 16, 2021, the stock of Moderna, Inc. (MRNA) was up by +10.3% for the trading day. Moderna, a biotechnology company, has been highly successful in its efforts to develop a coronavirus (COVID-19) vaccine. Late on Thursday, July 15, 2021, S&P Dow Jones Indices announced that Moderna will become …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 12-16, 2021”

By Kuldip K. Ambastha On Monday, June 14, 2021, the stock of Corsair Gaming, Inc. (CRSR) had a +11.2% gain for the trading day. Why? Corsair Gaming is a new meme stock being followed closely by people on Reddit’s r/WallStreetBets and other online platforms. Corsair Gaming provides high-performance hardware equipment for videogame players and content …

Continue reading “What Caught Our Attention in the Investment World? – Week of June 14-18, 2021”

By Kuldip K. Ambastha As the table above shows, AMC Entertainment Holdings, Inc. (AMC) had a volatile trading week like what a rollercoaster ride could entail. AMC Entertainment Holdings is a holding company with movie theaters all over the world. AMC Entertainment Holdings is one of several meme stocks watched closely by retail investors on …

Continue reading “What Caught Our Attention in the Investment World? – Week of June 1-4, 2021”

By Kuldip K. Ambastha On the trading day of Thursday, May 20, 2021, the stock of Kohl’s Corporation (KSS) had a -10.2% loss. Kohl’s Corporation, a prominent American department store retail chain, beat its 1Q2021 consensus estimates in terms of key metrics such as revenues, sales, and earnings. However, the stock price still saw a …

Continue reading “What Caught Our Attention in the Investment World? – Week of May 17-21, 2021”

By Kuldip K. Ambastha Chewy Inc. (CHWY) is an American company focused on the online retailing of pet food and other pet-related items. On the trading day of Wednesday, March 31, 2021, the stock rose by +5.4% due to impressive quarterly performance figures. In the latest quarter, sales exceeded $2 billion for the first time …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 29-April 1, 2021”

By Kuldip K. Ambastha Williams-Sonoma, Inc. (WSM), a home products retailer, had two strongly positive daily returns to end this past trading week: +18.5% (Thursday, March 18, 2021) and +8.2% (Friday, March 19, 2021). For the most recent fiscal quarter, the company exceeded consensus estimates related to earnings and revenues. All of its underlying brands …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 15-19, 2021”

By Kuldip K. Ambastha Roblox Corporation (RBLX) went public in this past trading week through a direct listing on the New York Stock Exchange (NYSE). Roblox is an online gaming and entertainment platform which brings people together over shared interests. The stock’s reference price for the direct listing was $45.00. On Wednesday, March 10, 2021, …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 8-12, 2021”

By Kuldip K. Ambastha GameStop Corporation (GME), a video game retailer, caught everyone’s attention in this past trading week. Retail investors were bullish about the stock, while institutional investors were bearish about the stock. Like many companies, GameStop has struggled due to the coronavirus pandemic, which led several institutional investors to short the stock. Retail …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 25-29, 2021”