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By Kuldip K. Ambastha On the trading day of Friday, February 3, 2023, the stock price of Nordstrom Inc. (JWN), an American retail company, rose by +24.8% per share. One of the biggest and most prominent non-insider shareholders decided to increase his stake in Nordstrom Inc., potentially in advance of a reformist, shareholder activist campaign. …
By Kuldip K. Ambastha Rivian Automotive, Inc. (RIVN), an American electric vehicle and automotive technology company, was founded in 2009 and went public in 2021. The company’s stock has been volatile since going public, delivering many negative and positive return swings from one trading day to the next. Over the course of the past trading …
Continue reading “What Caught Our Attention in the Investment World? – Week of February 22-25, 2022”
By Kuldip K. Ambastha Sea Limited (SE), a technology company based in Singapore with operations in digital entertainment, e-commerce, and digital financial services, was in the news during the past trading week. The stock of Sea Limited had four negative daily returns plus one positive daily return for the trading week, with a -11.4% loss …
Continue reading “What Caught Our Attention in the Investment World? – Week of January 3-7, 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; …
Continue reading “What Caught Our Attention in the Investment World? – Week of November 15-19, 2021”
By Kuldip K. Ambastha On Tuesday, December 22, 2020, IAC/InterActiveCorp (IAC) delivered a +14.1% return for the day. IAC/InterActiveCorp is an American holding company, headquartered in New York City, NY. The company has a variety of underlying holdings, mainly in the media / Internet arena. The Board of Directors of IAC/InterActiveCorp approved a plan to …
Continue reading “What Caught Our Attention in the Investment World? – Week of December 21-24, 2020”
By Kuldip K. Ambastha In this past week, BJ Services LLC and Ascena Retail Group (ASNA) both announced their bankruptcies. BJ Services LLC provides its services to oil & gas companies focused on North American exploration & production, and is voluntarily filing for Chapter 11 bankruptcy. This company intends to sell its assets, and its …
Continue reading “What Caught Our Attention in the Investment World? – Week of July 20 – 24, 2020”
By Kuldip K. Ambastha Carnival Corporation (CCL) is well-known as a cruise operator and as a prominent travel / leisure company. This British-American company has struggled recently due to the coronavirus pandemic seen worldwide. However, during this week, the company had strong days on Monday, April 6, 2020 and Tuesday, April 7, 2020, returning 20.3% …
Continue reading “What Caught Our Attention in the Investment World? – Week of April 6-10, 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 …
Continue reading “What Caught Our Attention in the Investment World? – Week of February 10-14, 2020”
By Kuldip K. Ambastha and Anil K. Ambastha HAPPY HOLIDAYS, EVERYBODY! During this week of Christmas, Peloton Interactive, Inc. (PTON) and WW International, Inc. (formerly Weight Watchers International, Inc.) (WW) caught our eye. On Thursday, December 26, 2019 (the day after Christmas 2019), Peloton dropped by 6.1%, while WW International fell by 8.5%. Peloton is …
Continue reading “What Caught Our Attention in the Investment World? – Week of December 23-27, 2019”