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By Kuldip K. Ambastha The stock price of First Republic Bank (FRC), a financial institution, continues to have a bumpy ride, per the table above. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of March 13-17, 2023; By Kuldip K. Ambastha.”) Continued turmoil among American regional banks alongside …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 20-24, 2023”

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 The stock price of Zscaler, Inc. (ZS), a cloud security company, dropped by -10.7% per share on the trading day of Friday, December 2, 2022. In its latest quarterly results, Zscaler surpassed expectations when it came to earnings and revenues. However, the expected billings figure for the full year is lower …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 28-December 2, 2022”

By Kuldip K. Ambastha On the trading day of Tuesday, November 1, 2022, Johnson & Johnson (JNJ), a major pharmaceutical and medical product provider, announced plans to acquire Abiomed, Inc. (ABMD), a medical device maker. Due to this development, for that day the stock price of Abiomed rose sharply by +49.9% per share, while the …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 31-November 4, 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 29, 2022, the stock price of CarMax, Inc. (KMX), a used vehicle retailer, dropped by -24.6% per share. The American company’s latest quarterly performance results disappointed Wall Street, especially from the perspective of earnings per share (EPS). The current landscape of high inflation, higher interest rates (making for …

Continue reading “What Caught Our Attention in the Investment World? – Week of September 26-30, 2022”

By Kuldip K. Ambastha On Thursday, September 15, 2022, the stock of Spectrum Brands Holdings, Inc. (SPB), a branded consumer products company, fell in price by -16.2% per share. Within Spectrum Brands Holdings, there is a residential door hardware division offering the Baldwin and Kwikset brands. A rival company had expressed interest in acquiring this …

Continue reading “What Caught Our Attention in the Investment World? – Week of September 12-16, 2022”

By Kuldip K. Ambastha The stock of Regeneron Pharmaceuticals, Inc. (REGN), a biotechnology company with a portfolio of medicines for individuals with serious diseases, increased in price by +18.8% per share on the trading day of Thursday, September 8, 2022. Eylea (aka: aflibercept), an anti-blindness eye medication, was the cause of this price run-up, because …

Continue reading “What Caught Our Attention in the Investment World? – Week of September 6-9, 2022”

By Kuldip K. Ambastha On Wednesday, August 3, 2022, the stock price of SoFi Technologies, Inc. (SOFI), an American online personal finance company, rose by a sharp +28.4% per share for the trading day. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of October 11-15, 2021; By Kuldip …

Continue reading “What Caught Our Attention in the Investment World? – Week of August 1-5, 2022”

By Kuldip K. Ambastha On Thursday, June 2, 2022, the stock price of Chewy, Inc. (CHWY) rose by +24.2% per share. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of March 29-April 1, 2021; By Kuldip K. Ambastha.”) Chewy, Inc. (CHWY), an online retailer of pet food and …

Continue reading “What Caught Our Attention in the Investment World? – Week of May 31-June 3, 2022”