What Caught Our Attention in the Investment World? – Week of May 3-7, 2021

By Kuldip K. Ambastha Peloton Interactive, Inc. (PTON) is a luxury exercise gear maker which was in the news prominently during this past trading week. The company was also mentioned on this website once before (What Caught Our Attention in the Investment World? – Week of December 23-27, 2019). On Wednesday, May 5, 2021, the …

What Caught Our Attention in the Investment World? – Week of April 26-30, 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 …

What Caught Our Attention in the Investment World? – Week of March 15-19, 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 …

What Caught Our Attention in the Investment World? – Week of February 22-26, 2021

By Kuldip K. Ambastha In the past trading week, The Goodyear Tire & Rubber Company (GT) announced plans to acquire Cooper Tire & Rubber Company (CTB). The plans were made public on Monday, February 22, 2021, and on that same trading day Goodyear stock had a +21.0% gain while Cooper stock had a +29.4% gain. …

What Caught Our Attention in the Investment World? – Week of December 7-11, 2020

By Kuldip K. Ambastha The past trading week was a big one for the initial public offering (IPO) market sector. Airbnb, Inc. (ABNB), C3.ai, Inc. (AI), and DoorDash Inc. (DASH) all had massive IPOs. Airbnb is an online marketplace for rental properties, C3.ai is an enterprise artificial intelligence software-as-a-service applications provider, and DoorDash is a …

What Caught Our Attention in the Investment World? – Week of November 2-6, 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 …

What Caught Our Attention in the Investment World? – Week of October 5-9, 2020

By Kuldip K. Ambastha Morgan Stanley (MS) and Eaton Vance Corporation (EV) were in the news prominently in this past trading week. In a deal of cash plus stock, Morgan Stanley will be buying Eaton Vance Corporation for $7 billion. James Gorman, head of Morgan Stanley, announced this deal on Thursday, October 8, 2020. (On …

What Caught Our Attention in the Investment World? – Week of September 28, 2020 – October 2, 2020

By Kuldip K. Ambastha In this past week, both Asana, Inc. (ASAN) and Palantir Technologies Inc. (PLTR) went public through the direct listing of shares which had been privately held in the past. On Wednesday, September 30, 2020, Asana opened at $27.00 per share while Palantir opened at $10.00 per share. By the end of …

What Caught Our Attention in the Investment World? – Week of September 14-18, 2020

By Kuldip K. Ambastha In a volatile week which saw technology (tech) stocks struggle overall, the initial public offering (IPO) of Snowflake Inc. (SNOW) stood out as a star performer. The IPO was priced at $120.00 per share, though the shares opened up on the New York Stock Exchange (NYSE) at an astounding $245.00 per …

What Caught Our Attention in the Investment World? – Week of September 8-11, 2020

By Kuldip K. Ambastha (This week’s update is a follow-up to What Caught Our Attention in the Investment World? – Week of October 28-November 1, 2019.) On Wednesday, September 9, 2020, the stock of Tiffany & Co. saw a -6.4% return. Tiffany & Co. (TIF) and LVMH Moët Hennessy (LVMH) (LVMUY) were in the news …