Search Results for: egg

By Kuldip K. Ambastha On the trading day of Thursday, December 29, 2022, the stock price of Cal-Maine Foods, Inc. (CALM), a fresh egg producer, fell by -14.5% per share. For the latest quarter, the company’s sales beat expectations while profits did not beat expectations. While egg demand and pricing per dozen eggs were strong, …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 27-30, 2022”

By Kuldip K. Ambastha On Tuesday, May 3, 2022, the stock price of Chegg, Inc. (CHGG), a direct-to-student online learning platform, dropped by -30.3% per share. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of November 1-5, 2021; By Kuldip K. Ambastha.”) In the latest quarter, the company …

Continue reading “What Caught Our Attention in the Investment World? – Week of May 2-6, 2022”

By Kuldip K. Ambastha On Tuesday, November 2, 2021, Avis Budget Group, Inc. (CAR) returned +108.3% and Chegg, Inc. (CHGG) returned -48.8% for the trading day. Avis, a vehicle rental and mobility solutions company, delivered strong 3Q2021 results and has announced a pledge to expand into using electric vehicles in the future. Avis has benefited …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 1-5, 2021”

By Kuldip K. Ambastha Snap Inc. (SNAP) stood out this week for positive reasons. On Wednesday, April 22, 2020, the stock had an astounding 36.7% return for the day. This return was driven by the company’s strong 1Q2020 results. Wall Street’s quarterly revenue expectations were surpassed. Snapchat has 229 million average daily active users as …

Continue reading “What Caught Our Attention in the Investment World? – Week of April 20-24, 2020”

By Kuldip K. Ambastha and Anil K. Ambastha On Tuesday, February 18, 2020, Franklin Resources, Inc. (BEN) and Legg Mason, Inc. (LM) made big headlines. Legg Mason returned 24.4% for the day, while Franklin Resources (AKA: Franklin Templeton) returned 6.9%. Why? Franklin Resources is buying Legg Mason, in an all-cash deal valued at $4.5 billion. …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 17-21, 2020”