Search Results for: investment management

By Kuldip K. Ambastha On Friday, February 17, 2023, the stock price of DraftKings Inc. (DKNG), an American fantasy sports contest and sports betting company, rose by +15.3% per share. The company had a strong 4Q2022, with revenue growth alongside an improved financial forecast for the year of 2023. For the quarter, DraftKings exceeded expectations …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 13-17, 2023”

By Kuldip K. Ambastha On the trading day of February 9, 2023, the stock price of Credit Suisse Group AG (CS), a Swiss financial institution, fell by -15.6% per share. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of October 24-28, 2022; By Kuldip K. Ambastha.”) Credit Suisse’s …

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

By Kuldip K. Ambastha On the trading day of Monday, January 23, 2023, the stock price of Wayfair Inc. (W), an e-commerce company focused on furniture and home goods, rose by +26.8% per share. To close out the trading week on Friday, January 27, 2023, the stock price rose another +13.4% per share. The stock …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 23-27, 2023”

By Kuldip K. Ambastha On Thursday, December 8, 2022, the stock of Ciena Corporation (CIEN), a technology (tech) company, had a +20.0% per share jump in its price. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of August 31 – September 4, 2020; By Kuldip K. Ambastha.”) For …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 5-9, 2022”

By Kuldip K. Ambastha On Wednesday, November 23, 2022, the stock price of Coupa Software Incorporated (COUP), a technology company focused on “Business Spend Management,” shot up by +28.9% per share. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of March 14-18, 2022; By Kuldip K. Ambastha.”) The …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 21-25, 2022”

By Kuldip K. Ambastha On Thursday, November 17, 2022, the stock price of Bath & Body Works, Inc. (BBWI), a prominent specialty retail company, rose by +25.2% per share. This rise in the stock price was driven by strong 3Q2022 quarterly performance results, with earnings surpassing the expected consensus estimate. Furthermore, Bath & Body Works, …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 14-18, 2022”

By Kuldip K. Ambastha YETI Holdings, Inc. (YETI), an outdoor products company, had its stock price shoot up by +31.6% per share on Thursday, November 10, 2022, followed by another +10.0% per share on Friday, November 11, 2022. The company announced strong performance results in 3Q2022, and this information drove the increase in the stock …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 7-11, 2022”

By Kuldip K. Ambastha On Thursday, October 27, 2022, the stock of Credit Suisse Group AG (CS), a prominent Swiss financial institution with operations around the world, had a steep price drop of -20.0% per share for the trading day. Credit Suisse Group in the recent past has had troubles linked to the scandals around …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 24-28, 2022”

By Kuldip K. Ambastha On Thursday, September 1, 2022, the stock of Okta, Inc. (OKTA), a technology company providing cloud-based identity management support for businesses, fell in price by -33.7% per share for the trading day. While 2Q2022 results surpassed Wall Street expectations, areas of concern on a going forward basis drove this sharp decline …

Continue reading “What Caught Our Attention in the Investment World? – Week of August 29-September 2, 2022”

By Kuldip K. Ambastha On the trading day of Friday, August 19, 2022, the stock price of Foot Locker, Inc. (FL), a multi-channel athletic shoe and apparel retailer, rose by +20.0% per share. For 2Q2022, the company reported a $0.99 earnings per share (EPS) figure, which surpassed expectations. That said, the company also disclosed a …

Continue reading “What Caught Our Attention in the Investment World? – Week of August 15-19, 2022”