Search Results for: pricing

By Kuldip K. Ambastha On Friday, March 31, 2023, the stock price of Nikola Corporation (NKLA), an American vehicle and energy solutions company, declined by -13.6% per share. The company announced plans to raise $100 million through a secondary stock offering, priced at $1.12 per share. The funds will be used for working capital and …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 27-31, 2023”

By Kuldip K. Ambastha On the trading day of Thursday, December 29, 2022, the stock price of Cal-Maine Foods, Inc. (CALM), a fresh egg producer, fell by -14.5% per share. For the latest quarter, the company’s sales beat expectations while profits did not beat expectations. While egg demand and pricing per dozen eggs were strong, …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 27-30, 2022”

By Kuldip K. Ambastha On Monday, November 15, 2021, the stock of Dollar Tree, Inc. (DLTR), a prominent and popular discount variety store chain operator in North America, had a gain of +14.3% per share for the trading day. (See What Caught Our Attention in the Investment World? – Week of September 27-October 1, 2021; …

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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 …

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

By Kuldip K. Ambastha The stock of Dollar Tree, Inc. (DLTR), a prominent discount variety store chain operator in North America, had an impressive gain of +16.5% for the trading day of Wednesday, September 29, 2021. As dollar store chains have faced rising inflationary, raw material cost, freight shipping cost, and labor cost pressures, store …

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By Kuldip K. Ambastha and Anil K. Ambastha Best Buy Co., Inc. (BBY), a big-box electronics retailer business headquartered in Richfield, MN, delivered strong results for 3Q2019. During the quarter, the company exceeded expectations on many fronts, such as earnings, revenues, and same-store sales. The key product and service lines which performed well were tablets, …

Continue reading “What Caught Our Attention in the Investment World? – Week of November 25-29, 2019”