What Caught Our Attention in the Investment World? – Week of October 25-29, 2021

By Kuldip K. Ambastha In this past trading week, Sweetgreen Inc. (SG), a fast-casual restaurant chain, was revealed to be going public via an initial public offering (IPO) on the New York Stock Exchange (NYSE). This IPO was announced in a Form S-1 document filed with the U.S. Securities and Exchange Commission (SEC), stating that …

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

By Kuldip K. Ambastha During this past trading week, stocks in the casino sector suffered greatly. After positive daily returns on Monday, September 13, negative daily returns were mostly seen for the rest of the trading week for Las Vegas Sands Corporation (LVS) and Wynn Resorts, Limited (WYNN) per the table seen above (except for …

What Caught Our Attention in the Investment World? – Week of September 6-10, 2021

By Kuldip K. Ambastha On Thursday, September 9, 2021, the stock of Lululemon Athletica Inc. (LULU) had a gain of +10.5%. Lululemon Athletica is a prominent company in the athletic apparel and accessories sector, focused on product offerings for yoga, running, and other physical pursuits. A strongly positive 2Q2021 earnings announcement drove the gain in …

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 19-23, 2021

By Kuldip K. Ambastha On Tuesday, July 20, 2021, the stock of HCA Healthcare, Inc. (HCA) was up by +14.4%. HCA Healthcare, a healthcare services company, reported strong 2Q2021 quarterly results on that trading day. Revenues, net income, and earnings all came in at impressive levels. As public health conditions have improved from the lows …

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 …

What Caught Our Attention in the Investment World? – Week of June 14-18, 2021

By Kuldip K. Ambastha On Monday, June 14, 2021, the stock of Corsair Gaming, Inc. (CRSR) had a +11.2% gain for the trading day. Why? Corsair Gaming is a new meme stock being followed closely by people on Reddit’s r/WallStreetBets and other online platforms. Corsair Gaming provides high-performance hardware equipment for videogame players and content …

What Caught Our Attention in the Investment World? – Week of May 17-21, 2021

By Kuldip K. Ambastha On the trading day of Thursday, May 20, 2021, the stock of Kohl’s Corporation (KSS) had a -10.2% loss. Kohl’s Corporation, a prominent American department store retail chain, beat its 1Q2021 consensus estimates in terms of key metrics such as revenues, sales, and earnings. However, the stock price still saw a …

What Caught Our Attention in the Investment World? – Week of May 3-7, 2021

By Kuldip K. Ambastha Peloton Interactive, Inc. (PTON) is a luxury exercise gear maker which was in the news prominently during this past trading week. The company was also mentioned on this website once before (What Caught Our Attention in the Investment World? – Week of December 23-27, 2019). On Wednesday, May 5, 2021, the …

What Caught Our Attention in the Investment World? – Week of April 26-30, 2021

By Kuldip K. Ambastha Teladoc Health, Inc. (TDOC) is a multinational virtual healthcare and telemedicine company. On Thursday, April 29, 2021, the company’s stock dropped by -8.3% for the trading day. Wall Street research analysts had expected a net loss for the latest (1Q2021) quarterly results. Teladoc surprised Wall Street research analysts by announcing a …