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By Kuldip K. Ambastha On Tuesday, November 2, 2021, Avis Budget Group, Inc. (CAR) returned +108.3% and Chegg, Inc. (CHGG) returned -48.8% for the trading day. Avis, a vehicle rental and mobility solutions company, delivered strong 3Q2021 results and has announced a pledge to expand into using electric vehicles in the future. Avis has benefited …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 1-5, 2021”

By Kuldip K. Ambastha In this past trading week, Sweetgreen Inc. (SG), a fast-casual restaurant chain, was revealed to be going public via an initial public offering (IPO) on the New York Stock Exchange (NYSE). This IPO was announced in a Form S-1 document filed with the U.S. Securities and Exchange Commission (SEC), stating that …

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

By Kuldip K. Ambastha Toast, Inc. (TOST) had its initial public offering (IPO) of Class A common stock on Wednesday, September 22, 2021 through the New York Stock Exchange (NYSE). Toast, Inc. is a cloud-based restaurant software company headquartered in Boston, MA. The company has an all-in-one point-of-sale and restaurant management platform used by food …

Continue reading “What Caught Our Attention in the Investment World? – Week of September 20-24, 2021”

By Kuldip K. Ambastha Robinhood Markets, Inc. (HOOD) is an online brokerage firm offering many investment products at a zero commission per trade for retail investors. Robinhood went public in the past trading week on NASDAQ, with the first day of trading for its stock being Thursday, July 29, 2021. Shares were initially priced at …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 26-30, 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 DiDi Global Inc. (DIDI) is a Chinese vehicle for hire company, with corporate headquarters in Beijing. The company went public on Wednesday, June 30, 2021, on the New York Stock Exchange (NYSE). On Tuesday, July 6, 2021, the stock had a significant -19.6% decline for the day. The Cyberspace Administration of …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 6-9, 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 On Tuesday, January 12, 2021, the stock of Etsy, Inc. (ETSY) had a +12.1% daily return. Etsy is a technology platform which serves as an online marketplace. Sellers are able to easily manage and scale their businesses (mainly focused on handmade products – arts, crafts, jewelry, clothing, and so on) through …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 11-15, 2021”

By Kuldip K. Ambastha On Thursday, December 17, 2020, Rite Aid Corporation (RAD) had a +17.4% gain per share for the day. The corporation, best known for its retail drugstore chain operations, beat its quarterly adjusted earnings and revenues expectations, and also raised its full year outlook to expect positive earnings instead of a potential …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 14-18, 2020”

By Kuldip K. Ambastha LendingTree, Inc. (TREE) is a well-known online loan marketplace operating in the USA. On the trading day of Thursday, November 5, 2020, the company’s stock had a -15.4% loss due to 3Q2020-related news. During 3Q2020, a quarterly loss figure of -$0.26 per share was seen. In contrast, one year ago during …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 2-6, 2020”