Search Results for: SEC

By Kuldip K. Ambastha Roblox Corporation (RBLX), an online gaming and entertainment platform which brings people together over common interests, is a company we have covered in the past. (See “What Caught Our Attention in the Investment World? – Week of November 8-12, 2021; By Kuldip K. Ambastha” and “What Caught Our Attention in the …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 14-18, 2022”

By Kuldip K. Ambastha In this past trading week, the technology-heavy NASDAQ Composite Index (^IXIC) posted negative daily returns on all four consecutive trading days. (Monday, January 17, 2022 was not a trading day, due to this day being Martin Luther King Jr. Day.) The NASDAQ Composite Index entered into correction territory, with a correction …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 18-21, 2022”

By Kuldip K. Ambastha On Monday, January 10, 2022, Take-Two Interactive Software, Inc. (TTWO) shares dropped by -13.1% for the trading day, while Zynga Inc. (ZNGA) shares increased by +40.7% instead. Take-Two Interactive will be buying Zynga at a 64% premium, for $12.7 billion. Take-Two Interactive is well-known for the console-based Grand Theft Auto series …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 10-14, 2022”

By Kuldip K. Ambastha Sea Limited (SE), a technology company based in Singapore with operations in digital entertainment, e-commerce, and digital financial services, was in the news during the past trading week. The stock of Sea Limited had four negative daily returns plus one positive daily return for the trading week, with a -11.4% loss …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 3-7, 2022”

By Kuldip K. Ambastha On Tuesday, December 21, 2021, the stock of Carnival Corporation & plc (CCL), a leisure travel company, delivered an +8.7% gain for the trading day. Investors cheered on the company’s plan to return to profitability, which includes an anticipated profit in the second half of 2022. The company expects that COVID-19’s …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 20-23, 2021”

By Kuldip K. Ambastha The stock of Accenture plc (ACN), a multinational professional services company which is strong in information technology (IT) services and consulting, was up by +6.7% for the trading day of Thursday, December 16, 2021. Accenture delivered impressive quarterly results for the past quarter, with earnings and revenues both surpassing estimates by …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 13-17, 2021”

By Kuldip K. Ambastha In the past trading week, BuzzFeed, Inc. (BZFD), an online / digital media, news, and entertainment company, went public through a special purpose acquisition company (SPAC) of 890 5th Avenue Partners, Inc. (ENFA, ENFAU, ENFAW). Other media companies, especially in the digital media arena, have been watching BuzzFeed stock closely to …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 6-10, 2021”

By Kuldip K. Ambastha The stock of Twitter, Inc. (TWTR), a microblogging and social networking technology (tech) platform, delivered negative returns for each day of this past trading week, as the table here shows. On Monday, November 29, 2021, Jack Dorsey announced that he would step down as the Chief Executive Officer (CEO) of Twitter. …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 29-December 3, 2021”

By Kuldip K. Ambastha On Monday, November 22, 2021, Vonage Holdings Corp. (VG), a leading telecommunications services corporation, delivered a return of +27.0% per share for the trading day. Why? The key catalyst here was an announcement from Telefonaktiebolaget LM Ericsson (ERIC), more commonly known as Ericsson. Over the weekend, Ericsson stated that it would …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 22-26, 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”