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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. …
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 During this past trading week, stocks in the casino sector suffered greatly. After positive daily returns on Monday, September 13, negative daily returns were mostly seen for the rest of the trading week for Las Vegas Sands Corporation (LVS) and Wynn Resorts, Limited (WYNN) per the table seen above (except for …
By Kuldip K. Ambastha Sonoma Pharmaceuticals Inc. (SNOA) is a specialty pharmaceutical company focused on conditions which could be treated using stabilized hypochlorous acid (HOCl or HClO) in various ways. The company’s stock had a volatile end for this past trading week, with a gain of +50.6% on Thursday, August 19, 2021 followed by a …
Continue reading “What Caught Our Attention in the Investment World? – Week of August 16-20, 2021”
By Kuldip K. Ambastha BioNTech SE (BNTX) is aiming to become a leading biotechnology company with a main focus on individualized cancer medicine. The company has also been successful in offering an mRNA-based, two-shot coronavirus vaccine called BNT162b2 (aka: Comirnaty and Tozinameran), which has become increasingly important due to the rise of the highly contagious …
Continue reading “What Caught Our Attention in the Investment World? – Week of August 9-13, 2021”
By Kuldip K. Ambastha On Wednesday, June 23, 2021, U.S. Supreme Court rulings (on Collins vs. Yellen, 19-422; Yellen vs. Collins, 19-563; and Mnuchin vs. Yellen, 19-563) led to Federal National Mortgage Association (Fannie Mae, FNMA) having a -32.1% loss and Federal Home Loan Mortgage Corporation (Freddie Mac, FMCC) having a -36.8% loss. Fannie Mae …
Continue reading “What Caught Our Attention in the Investment World? – Week of June 21-25, 2021”
By Kuldip K. Ambastha Teladoc Health, Inc. (TDOC) is a multinational virtual healthcare and telemedicine company. On Thursday, April 29, 2021, the company’s stock dropped by -8.3% for the trading day. Wall Street research analysts had expected a net loss for the latest (1Q2021) quarterly results. Teladoc surprised Wall Street research analysts by announcing a …
Continue reading “What Caught Our Attention in the Investment World? – Week of April 26-30, 2021”
By Kuldip K. Ambastha Rocket Companies, Inc. (RKT) was in the news during this past trading week. Rocket Companies is a Detroit, MI-based holding company which owns many underlying personal finance and consumer service brands. Rocket Companies prides itself on providing exceptional customer experiences through online solutions aiding the ultimate goals of home ownership and …
Continue reading “What Caught Our Attention in the Investment World? – Week of March 1-5, 2021”
By Kuldip K. Ambastha In the last few years, cryptocurrencies (and their associated blockchain technology usages) have attracted the attention of many investors. During the past trading week, the first-ever North American exchange-traded fund (ETF) for Bitcoin was launched. Purpose Bitcoin ETF (BTCC-B.TO) saw strong interest from investors and heavy daily trading volumes. Though cryptocurrencies …
Continue reading “What Caught Our Attention in the Investment World? – Week of February 15-19, 2021”