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

By Kuldip K. Ambastha On Wednesday, November 23, 2022, the stock price of Coupa Software Incorporated (COUP), a technology company focused on “Business Spend Management,” shot up by +28.9% per share. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of March 14-18, 2022; By Kuldip K. Ambastha.”) The …

What Caught Our Attention in the Investment World? – Week of September 12-16, 2022

By Kuldip K. Ambastha On Thursday, September 15, 2022, the stock of Spectrum Brands Holdings, Inc. (SPB), a branded consumer products company, fell in price by -16.2% per share. Within Spectrum Brands Holdings, there is a residential door hardware division offering the Baldwin and Kwikset brands. A rival company had expressed interest in acquiring this …

What Caught Our Attention in the Investment World? – Week of August 29-September 2, 2022

By Kuldip K. Ambastha On Thursday, September 1, 2022, the stock of Okta, Inc. (OKTA), a technology company providing cloud-based identity management support for businesses, fell in price by -33.7% per share for the trading day. While 2Q2022 results surpassed Wall Street expectations, areas of concern on a going forward basis drove this sharp decline …

What Caught Our Attention in the Investment World? – Week of August 1-5, 2022

By Kuldip K. Ambastha On Wednesday, August 3, 2022, the stock price of SoFi Technologies, Inc. (SOFI), an American online personal finance company, rose by a sharp +28.4% per share for the trading day. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of October 11-15, 2021; By Kuldip …

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 March 14-18, 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 …

What Caught Our Attention in the Investment World? – Week of February 28-March 4, 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 …

What Caught Our Attention in the Investment World? – Week of December 20-23, 2021

By Kuldip K. Ambastha On Tuesday, December 21, 2021, the stock of Carnival Corporation & plc (CCL), a leisure travel company, delivered an +8.7% gain for the trading day. Investors cheered on the company’s plan to return to profitability, which includes an anticipated profit in the second half of 2022. The company expects that COVID-19’s …

What Caught Our Attention in the Investment World? – Week of December 6-10, 2021

By Kuldip K. Ambastha In the past trading week, BuzzFeed, Inc. (BZFD), an online / digital media, news, and entertainment company, went public through a special purpose acquisition company (SPAC) of 890 5th Avenue Partners, Inc. (ENFA, ENFAU, ENFAW). Other media companies, especially in the digital media arena, have been watching BuzzFeed stock closely to …

What Caught Our Attention in the Investment World? – Week of November 8-12, 2021

By Kuldip K. Ambastha On Tuesday, November 9, 2021, shares of Roblox Corporation (RBLX), an online gaming and entertainment platform which brings people together over common interests, shot up by +42.2% for the trading day. (See What Caught Our Attention in the Investment World? – Week of March 8-12, 2021; By Kuldip K. Ambastha for …