What Caught Our Attention in the Investment World? – Week of January 17-20, 2023

By Kuldip K. Ambastha The stock price of Innovative Industrial Properties, Inc. (IIPR), an American real estate investment trust (REIT) focused on specialized properties rented out to state-licensed cannabis facilities through sale-leaseback agreements, fell by -16.9% per share on the trading day of Thursday, January 19, 2023. Investors were disappointed in the results disclosed by …

What Caught Our Attention in the Investment World? – Week of October 18-22, 2021

By Kuldip K. Ambastha On Monday, October 18, 2021, real estate e-commerce websites were in the public eye through Zillow Group, Inc. (ZG) falling (-9.4%) and Opendoor Technologies Inc. (OPEN) rising (+3.1%) for the trading day. This bifurcated path occurred because of starkly different perspectives voiced by the leadership teams of the two companies. Specifically, …

What Caught Our Attention in the Investment World? – Week of February 10-14, 2020

By Kuldip K. Ambastha and Anil K. Ambastha On Monday, February 10, 2020, Taubman Centers, Inc. (TCO) was a star performer for the day with its return of 53.2%. A combination of strong quarterly and annual results plus an acquisition offer from Simon Property Group, Inc. (SPG) led to this impressive return. 4Q2019 adjusted funds …