Search Results for: SEC

By Kuldip K. Ambastha On Friday, March 31, 2023, the stock price of Nikola Corporation (NKLA), an American vehicle and energy solutions company, declined by -13.6% per share. The company announced plans to raise $100 million through a secondary stock offering, priced at $1.12 per share. The funds will be used for working capital and …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 27-31, 2023”

By Kuldip K. Ambastha During the past trading week, the stock of Silvergate Capital Corporation (SI), a banking platform focused on the cryptocurrency industry, saw five straight days of negative returns – the largest of which was a sharp -42.2% decline on Thursday, March 9, 2023. Since 2022, Silvergate has been faced with clients withdrawing …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 6-10, 2023”

By Kuldip K. Ambastha On Friday, March 3, 2023, the stock price of Samsara Inc. (IOT), an American Internet of Things (IoT) company focused on the industrial sector, surged by +15.4% per share. From the perspective of revenues, the latest quarter and full-year figures disclosed came in higher than Wall Street expected. Samsara has seen …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 27-March 3, 2023”

By Kuldip K. Ambastha On Friday, January 13, 2023, the stock price of Virgin Galactic Holdings Inc. (SPCE), a space flight company, rose by +12.3% for the trading day. The company is considered to be a high-risk, high-reward investment offering, with an ambitious aim to bring commercial space flight to the masses. Its first commercial …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 9-13, 2023”

By Kuldip K. Ambastha The stock price of Zscaler, Inc. (ZS), a cloud security company, dropped by -10.7% per share on the trading day of Friday, December 2, 2022. In its latest quarterly results, Zscaler surpassed expectations when it came to earnings and revenues. However, the expected billings figure for the full year is lower …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 28-December 2, 2022”

By Kuldip K. Ambastha On Wednesday, July 27, 2022, the stock of global pharmaceutical company Teva Pharmaceutical Industries Limited (TEVA) rose in price by +28.4% per share. Teva is the world’s largest generic medicine producer, and has been struggling for the last five years because of weakness in the American generic medicine sector plus intense …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 25-29, 2022”

By Kuldip K. Ambastha Carnival Corporation & plc (CCL), a leisure travel company, had its stock fall by -11.2% on Thursday, July 21, 2022 and -6.0% on Friday, July 22, 2022 to close out the trading week. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of December 20-23, …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 18-22, 2022”

By Kuldip K. Ambastha The stock of Tilray Brands, Inc. (TLRY), a Canadian company with an extensive presence worldwide in the cannabis sector, delivered +14.6% on Thursday, July 14, 2022 followed by -10.6% on Friday, July 15, 2022. Politics plays a big role in the success or failure of any cannabis sector company. On Thursday, …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 11-15, 2022”

By Kuldip K. Ambastha On Monday, June 13, 2022, MicroStrategy Incorporated (MSTR), an American technology company, had its stock price fall by -25.2% per share. MicroStrategy offers business intelligence, mobile software, and cloud-based services, and is often in the news because of its exposure to bitcoins which secure a $205 million, 3-year loan from a …

Continue reading “What Caught Our Attention in the Investment World? – Week of June 13-17, 2022”

By Kuldip K. Ambastha On Wednesday, April 20, 2022, the stock price of Netflix, Inc. (NFLX), a subscription streaming service and production company, dropped by -35.1% per share. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of July 15-19, 2019; By Anil K. Ambastha and Kuldip K. Ambastha.”) …

Continue reading “What Caught Our Attention in the Investment World? – Week of April 18-22, 2022”