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

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 …

What Caught Our Attention in the Investment World? – Week of April 5-9, 2021

By Kuldip K. Ambastha Blink Charging Co. (BLNK) is a company in the electric vehicle (EV) space, focused on operating and providing EVs, charging equipment, and networked EV charging services. On Thursday, April 8, 2021, the company’s stock returned +12.9% for the trading day. Blink’s large stock gain on this trading day was driven by …

What Caught Our Attention in the Investment World? – Week of January 4-8, 2021

By Kuldip K. Ambastha QuantumScape Corporation (QS) is a leading corporation in the development of lithium-metal batteries to be used in electric vehicles. The corporation seeks to change the landscape of energy storage and make a path towards sustainable energy for the world. Prominent investors in the company include Bill Gates plus Khosla Ventures. The …

What Caught Our Attention in the Investment World? – Week of December 28-31, 2020

By Kuldip K. Ambastha Per the table shown above, FuelCell Energy, Inc. (FCEL) had a trading week of three down days and one up day. FuelCell Energy focuses on fuel cell technology, and also provides ultra-clean, comprehensive power solutions to customers. While the company is not currently profitable, its forecasted earnings growth rate for the …

What Caught Our Attention in the Investment World? – Week of October 19-23, 2020

By Kuldip K. Ambastha During this past trading week, the energy sector saw announcements of industry consolidation. ConocoPhillips (COP) will be buying Concho Resources Inc. (CXO) while Pioneer Natural Resources Company (PXD) will be buying Parsley Energy, Inc. (PE). ConocoPhillips will buy Concho Resources Inc. in an all-stock deal valued at $9.7 billion. Pioneer Natural …

What Caught Our Attention in the Investment World? – Week of June 29 – July 2, 2020

By Kuldip K. Ambastha Chesapeake Energy Corporation (CHK) of Oklahoma City, OK was in the news this week. The company was founded by Tom L. Ward (currently the Chairman and CEO of privately held MACH Resources) and the now-late Aubrey K. McClendon in 1989 with an initial funding of $50,000. Robert D. Lawler (aka: Doug …