Search Results for: skeptic

By Kuldip K. Ambastha The stock price of First Republic Bank (FRC), a financial institution, continues to have a bumpy ride, per the table above. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of March 13-17, 2023; By Kuldip K. Ambastha.”) Continued turmoil among American regional banks alongside …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 20-24, 2023”

By Kuldip K. Ambastha Per the table above, the stock price of First Republic Bank (FRC), a financial institution, had a bumpy ride with three negative and two positive daily returns seen during the trading week. In the recent past, financial institutions have come under investor skepticism related to balance sheet exposures, non-diversified client bases, …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 13-17, 2023”

By Kuldip K. Ambastha On the trading day of Tuesday, November 1, 2022, Johnson & Johnson (JNJ), a major pharmaceutical and medical product provider, announced plans to acquire Abiomed, Inc. (ABMD), a medical device maker. Due to this development, for that day the stock price of Abiomed rose sharply by +49.9% per share, while the …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 31-November 4, 2022”

By Kuldip K. Ambastha On Monday, June 13, 2022, MicroStrategy Incorporated (MSTR), an American technology company, had its stock price fall by -25.2% per share. MicroStrategy offers business intelligence, mobile software, and cloud-based services, and is often in the news because of its exposure to bitcoins which secure a $205 million, 3-year loan from a …

Continue reading “What Caught Our Attention in the Investment World? – Week of June 13-17, 2022”

By Kuldip K. Ambastha Rivian Automotive, Inc. (RIVN), an American electric vehicle and automotive technology company, was founded in 2009 and went public in 2021. The company’s stock has been volatile since going public, delivering many negative and positive return swings from one trading day to the next. Over the course of the past trading …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 22-25, 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 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 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”