What Caught Our Attention in the Investment World? – Week of December 5-9, 2022

By Kuldip K. Ambastha On Thursday, December 8, 2022, the stock of Ciena Corporation (CIEN), a technology (tech) company, had a +20.0% per share jump in its price. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of August 31 – September 4, 2020; By Kuldip K. Ambastha.”) For …

What Caught Our Attention in the Investment World? – Week of October 3-7, 2022

By Kuldip K. Ambastha The stock price of Twitter, Inc. (TWTR), a microblogging and social networking technology (tech) platform, had a +22.2% per share increase on Tuesday, October 4, 2022, while the other four trading days showed negative daily returns. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week …

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 October 18-22, 2021

By Kuldip K. Ambastha On Monday, October 18, 2021, real estate e-commerce websites were in the public eye through Zillow Group, Inc. (ZG) falling (-9.4%) and Opendoor Technologies Inc. (OPEN) rising (+3.1%) for the trading day. This bifurcated path occurred because of starkly different perspectives voiced by the leadership teams of the two companies. Specifically, …

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 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 April 12-16, 2021

By Kuldip K. Ambastha Investors all over the world continue to be intrigued by the cryptocurrency and blockchain sector. Coinbase Global Inc. (COIN) had a reference price of $250.00 for its NasdaqGS direct listing of pre-existing private shares. Wednesday, April 14, 2021 was the first full day of public trading for Coinbase Global, with the …

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 28, 2020 – October 2, 2020

By Kuldip K. Ambastha In this past week, both Asana, Inc. (ASAN) and Palantir Technologies Inc. (PLTR) went public through the direct listing of shares which had been privately held in the past. On Wednesday, September 30, 2020, Asana opened at $27.00 per share while Palantir opened at $10.00 per share. By the end of …