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By Kuldip K. Ambastha and Anil K. Ambastha BlackBerry Limited (BB) is a prominent Canadian company, previously known as “Research In Motion.” The general public knows BlackBerry Limited best as the developer of the BlackBerry brand of phones and tablets, but in more recent years the company now provides enterprise software and services. From 2001 …
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 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”
By Kuldip K. Ambastha Snap Inc. (SNAP), a social media technology company with smartphone camera application Snapchat as its flagship offering, had its stock price drop by -43.1% per share on Tuesday, May 24, 2022. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of April 20-24, 2020; By …
Continue reading “What Caught Our Attention in the Investment World? – Week of May 23-27, 2022”
By Kuldip K. Ambastha Roblox Corporation (RBLX), an online gaming and entertainment platform which brings people together over common interests, is a company we have covered in the past. (See “What Caught Our Attention in the Investment World? – Week of November 8-12, 2021; By Kuldip K. Ambastha” and “What Caught Our Attention in the …
Continue reading “What Caught Our Attention in the Investment World? – Week of February 14-18, 2022”
By Kuldip K. Ambastha On the trading day of Thursday, May 20, 2021, the stock of Kohl’s Corporation (KSS) had a -10.2% loss. Kohl’s Corporation, a prominent American department store retail chain, beat its 1Q2021 consensus estimates in terms of key metrics such as revenues, sales, and earnings. However, the stock price still saw a …
Continue reading “What Caught Our Attention in the Investment World? – Week of May 17-21, 2021”
By Anil K. Ambastha and Kuldip K. Ambastha The second-quarter earnings report and guidance process parade is continuing. This week, reports from engineering and construction companies such as McDermott International (MDR) and Fluor Corporation (FLR) reflected large losses, revenue misses, and uncertain futures. Following its earnings report, shares of McDermott International (MDR) dropped 35.3% on …