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By Kuldip K. Ambastha Longeveron Inc. (LGVN), a biotechnology company focused on clinical stage therapies, had its stock price rise by +105.4% per share on Thursday, March 31, 2022. On this trading day, a great piece of news led to a great return. Lomecel-B has shown positive results from its Phase 1 trial testing on …
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 …
Continue reading “What Caught Our Attention in the Investment World? – Week of March 21-25, 2022”
By Kuldip K. Ambastha Coupa Software Incorporated (COUP) is a technology company focused on “Business Spend Management.” Coupa had a highly volatile week in the stock market, per the table seen above with two negative daily return days followed by three positive daily return days. Early in the trading week, Coupa disappointed Wall Street with …
Continue reading “What Caught Our Attention in the Investment World? – Week of March 14-18, 2022”
By Kuldip K. Ambastha The stock of GoodRx Holdings, Inc. (GDRX), a digital healthcare platform operator, dropped by -38.9% for the trading day of Tuesday, March 1, 2022. GoodRx was founded in 2011 and went public in 2020 – thus, the company’s stock has a short history of being publicly traded. The stock price dropped …
By Kuldip K. Ambastha Virgin Galactic Holdings, Inc. (SPCE) had two impressive trading day returns in the past trading week. On Monday, May 24, 2021, the stock had a +27.6% return. Over the past weekend, the company had its first successful test flight to space in over two years. Also, on Thursday, May 27, 2021, …
Continue reading “What Caught Our Attention in the Investment World? – Week of May 24-28, 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”
By Kuldip K. Ambastha The Trade Desk, Inc. (TTD) is a global technology company in the digital advertising campaigns space. The company was founded in 2009 and is headquartered in California. Its stock went public in 2016. On Monday, May 10, 2021, the company’s stock saw a dramatic -26.0% loss for the trading day. Though …
Continue reading “What Caught Our Attention in the Investment World? – Week of May 10-14, 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 …
Continue reading “What Caught Our Attention in the Investment World? – Week of May 3-7, 2021”
By Kuldip K. Ambastha Chewy Inc. (CHWY) is an American company focused on the online retailing of pet food and other pet-related items. On the trading day of Wednesday, March 31, 2021, the stock rose by +5.4% due to impressive quarterly performance figures. In the latest quarter, sales exceeded $2 billion for the first time …
By Kuldip K. Ambastha On Sunday, March 21, 2021, Canadian Pacific Railway Limited (CP) announced that it would be buying Kansas City Southern (KSU), for $29 billion ($25 billion in cash and equity, along with $4 billion in outstanding Kansas City Southern debt). The surprise announcement resulted in a +11.1% return for Kansas City Southern …
Continue reading “What Caught Our Attention in the Investment World? – Week of March 22-26, 2021”