Search Results for: industry

By Kuldip K. Ambastha During the past trading week, the stock of Silvergate Capital Corporation (SI), a banking platform focused on the cryptocurrency industry, saw five straight days of negative returns – the largest of which was a sharp -42.2% decline on Thursday, March 9, 2023. Since 2022, Silvergate has been faced with clients withdrawing …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 6-10, 2023”

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 …

Continue reading “What Caught Our Attention in the Investment World? – Week of August 9-13, 2021”

By Kuldip K. Ambastha UiPath Inc. (PATH) was founded in Romania, is now headquartered in New York City, and is a global software platform company focused on robotic process automation. The company’s IPO date was Wednesday, April 21, 2021, during this past trading week. The IPO reference price was $56.00 per share, for 23,890,777 Class …

Continue reading “What Caught Our Attention in the Investment World? – Week of April 19-23, 2021”

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 …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 28-31, 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 …

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

By Kuldip K. Ambastha During this week, both J.Crew and Neiman Marcus announced their respective bankruptcy filings. The retail industry has been on fragile ground for many years now, and the coronavirus pandemic has pushed both of these companies into bankruptcy. Due to the public health issues around the coronavirus, brick-and-mortar retailers have had to …

Continue reading “What Caught Our Attention in the Investment World? – Week of May 4-8, 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”

By Anil K. Ambastha and Kuldip K. Ambastha Food industry and restaurant industry stocks generally move in a slow and steady manner. Also, once the initial hype is over shortly after an Initial Public Offering (IPO) of a company’s stock, generally, the IPO shares start to decline and, mostly, an IPO’s shares trade for less …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 22-26, 2019”