What Caught Our Attention in the Investment World? – Week of April 11-14, 2022

By Kuldip K. Ambastha Peloton Interactive, Inc. (PTON), a luxury exercise gear maker, had its stock drop by -4.6% for the trading day of Thursday, April 14, 2022. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of May 3-7, 2021; By Kuldip K. Ambastha” and “What Caught Our …

What Caught Our Attention in the Investment World? – Week of February 17-21, 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. …