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 …

What Caught Our Attention in the Investment World? – Week of March 21-25, 2022

By Kuldip K. Ambastha Anaplan, Inc. (PLAN), a business planning software company, was in the headlines during the past trading week. This company was founded in 2006, became a privately held unicorn (valued at $1 billion) in 2016, and went public in 2018. A private equity firm will be acquiring Anaplan in full for $10.7 …

What Caught Our Attention in the Investment World? – Week of October 25-29, 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 …

What Caught Our Attention in the Investment World? – Week of September 20-24, 2021

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 …

What Caught Our Attention in the Investment World? – Week of July 26-30, 2021

By Kuldip K. Ambastha Robinhood Markets, Inc. (HOOD) is an online brokerage firm offering many investment products at a zero commission per trade for retail investors. Robinhood went public in the past trading week on NASDAQ, with the first day of trading for its stock being Thursday, July 29, 2021. Shares were initially priced at …

What Caught Our Attention in the Investment World? – Week of June 28-July 2, 2021

By Kuldip K. Ambastha Krispy Kreme, Inc. (DNUT), a specialty retailer mainly focused on doughnuts, had its second IPO during this past trading week. Thursday, July 1, 2021 was the first trading day for its stock on the NASDAQ Global Select (NasdaqGS) Market platform. The stock reference price range was initially set at $21-$24 per …

What Caught Our Attention in the Investment World? – Week of April 19-23, 2021

By Kuldip K. Ambastha UiPath Inc. (PATH) was founded in Romania, is now headquartered in New York City, and is a global software platform company focused on robotic process automation. The company’s IPO date was Wednesday, April 21, 2021, during this past trading week. The IPO reference price was $56.00 per share, for 23,890,777 Class …

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 September 21-25, 2020

By Kuldip K. Ambastha During the past trading week, Carvana Co. (CVNA) delivered a +30.6% return on Tuesday, September 22, 2020, due to strongly positive financial results showing ongoing growth. Carvana Co. is an innovative retailer which sells cars out of huge vending machines, and during the latest quarter it showed impressive projected data related …

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 …