What Caught Our Attention in the Investment World? – Week of December 19-23, 2022

By Kuldip K. Ambastha On the trading days of Thursday, December 22, 2022 and Friday, December 23, 2022, the stock tickers of AMC Entertainment Holdings, Inc. (AMC and APE), a holding company with movie theaters all over the world, posted daily returns which caught Wall Street’s attention. (See past coverage if needed: “What Caught Our …

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 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 22-26, 2022

By Kuldip K. Ambastha The stock price of Burlington Stores, Inc. (BURL), an American off-price (discount) department store retailer once known as Burlington Coat Factory, fell by -10.2% per share on the trading day of Thursday, August 25, 2022. 2Q2022 corporate performance results were quite satisfactory, in general. However, 3Q2022 and 2022 corporate performance guidance …

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

What Caught Our Attention in the Investment World? – Week of July 5-8, 2022

By Kuldip K. Ambastha GameStop Corporation (GME), a video game retailer, had an up-and-down trading week for its stock with three negative daily returns and one positive daily return. (Monday, July 4, 2022 was an American holiday – Independence Day / Fourth of July – and thus not a trading day.) (See past coverage if …

What Caught Our Attention in the Investment World? – Week of December 13-17, 2021

By Kuldip K. Ambastha The stock of Accenture plc (ACN), a multinational professional services company which is strong in information technology (IT) services and consulting, was up by +6.7% for the trading day of Thursday, December 16, 2021. Accenture delivered impressive quarterly results for the past quarter, with earnings and revenues both surpassing estimates by …

What Caught Our Attention in the Investment World? – Week of August 9-13, 2021

By Kuldip K. Ambastha BioNTech SE (BNTX) is aiming to become a leading biotechnology company with a main focus on individualized cancer medicine. The company has also been successful in offering an mRNA-based, two-shot coronavirus vaccine called BNT162b2 (aka: Comirnaty and Tozinameran), which has become increasingly important due to the rise of the highly contagious …

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 July 12-16, 2021

By Kuldip K. Ambastha On Friday, July 16, 2021, the stock of Moderna, Inc. (MRNA) was up by +10.3% for the trading day. Moderna, a biotechnology company, has been highly successful in its efforts to develop a coronavirus (COVID-19) vaccine. Late on Thursday, July 15, 2021, S&P Dow Jones Indices announced that Moderna will become …