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What Caught Our Attention in the Investment World? – Week of October 24-28, 2022

By Kuldip K. Ambastha On Thursday, October 27, 2022, the stock of Credit Suisse Group AG (CS), a prominent Swiss financial institution with operations around the world, had a steep price drop of -20.0% per share for the trading day. Credit Suisse Group in the recent past has had troubles linked to the scandals around …

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What Caught Our Attention in the Investment World? – Week of August 30-September 3, 2021

By Kuldip K. Ambastha On Friday, September 3, 2021, the stock of Forte Biosciences, Inc. (FBRX) stood out for its substantial trading day loss of -82.3%. Forte Biosciences, Inc. is a clinical-stage biopharmaceutical company focused on potential treatments for inflammatory skin diseases. The company released results of a Phase 2 clinical trial of FB-401, related …

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What Caught Our Attention in the Investment World? – Week of January 13-17, 2020

By Kuldip K. Ambastha and Anil K. Ambastha On Tuesday, January 14, 2020, Pinterest, Inc. (PINS) stock rose by 9.6% for the day because, as per market research firm eMarketer, Pinterest had 82.4 million American users in 2019. With this data point, Pinterest is now the third-largest American social media platform behind Facebook (FB) and …

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