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

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 …

What Caught Our Attention in the Investment World? – Week of November 14-18, 2022

By Kuldip K. Ambastha On Thursday, November 17, 2022, the stock price of Bath & Body Works, Inc. (BBWI), a prominent specialty retail company, rose by +25.2% per share. This rise in the stock price was driven by strong 3Q2022 quarterly performance results, with earnings surpassing the expected consensus estimate. Furthermore, Bath & Body Works, …

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 September 26-30, 2022

By Kuldip K. Ambastha On Thursday, September 29, 2022, the stock price of CarMax, Inc. (KMX), a used vehicle retailer, dropped by -24.6% per share. The American company’s latest quarterly performance results disappointed Wall Street, especially from the perspective of earnings per share (EPS). The current landscape of high inflation, higher interest rates (making for …

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

By Kuldip K. Ambastha The stock price of Sotera Health Company (SHC), an integrated global health solutions company, had a loss of -33.3% per share on Monday, September 19, 2022. On the subsequent trading days of the week, three negative daily returns and one positive daily return were seen. Litigation was the primary cause of …

What Caught Our Attention in the Investment World? – Week of September 6-9, 2022

By Kuldip K. Ambastha The stock of Regeneron Pharmaceuticals, Inc. (REGN), a biotechnology company with a portfolio of medicines for individuals with serious diseases, increased in price by +18.8% per share on the trading day of Thursday, September 8, 2022. Eylea (aka: aflibercept), an anti-blindness eye medication, was the cause of this price run-up, because …

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 August 15-19, 2022

By Kuldip K. Ambastha On the trading day of Friday, August 19, 2022, the stock price of Foot Locker, Inc. (FL), a multi-channel athletic shoe and apparel retailer, rose by +20.0% per share. For 2Q2022, the company reported a $0.99 earnings per share (EPS) figure, which surpassed expectations. That said, the company also disclosed a …

What Caught Our Attention in the Investment World? – Week of August 8-12, 2022

By Kuldip K. Ambastha The stock of VIZIO Holding Corp. (VZIO), a company involved in designing and manufacturing consumer electronics, had a +18.1% per share rise in price on Thursday, August 11, 2022. For 2Q2022, the company’s sales did not match or exceed Wall Street equity research analyst expectations. However, the company also delivered a …