Search Results for: performance

By Kuldip K. Ambastha Teladoc Health, Inc. (TDOC) is a multinational virtual healthcare and telemedicine company. On Thursday, April 29, 2021, the company’s stock dropped by -8.3% for the trading day. Wall Street research analysts had expected a net loss for the latest (1Q2021) quarterly results. Teladoc surprised Wall Street research analysts by announcing a …

Continue reading “What Caught Our Attention in the Investment World? – Week of April 26-30, 2021”

By Kuldip K. Ambastha UiPath Inc. (PATH) was founded in Romania, is now headquartered in New York City, and is a global software platform company focused on robotic process automation. The company’s IPO date was Wednesday, April 21, 2021, during this past trading week. The IPO reference price was $56.00 per share, for 23,890,777 Class …

Continue reading “What Caught Our Attention in the Investment World? – Week of April 19-23, 2021”

By Kuldip K. Ambastha Investors all over the world continue to be intrigued by the cryptocurrency and blockchain sector. Coinbase Global Inc. (COIN) had a reference price of $250.00 for its NasdaqGS direct listing of pre-existing private shares. Wednesday, April 14, 2021 was the first full day of public trading for Coinbase Global, with the …

Continue reading “What Caught Our Attention in the Investment World? – Week of April 12-16, 2021”

By Kuldip K. Ambastha Blink Charging Co. (BLNK) is a company in the electric vehicle (EV) space, focused on operating and providing EVs, charging equipment, and networked EV charging services. On Thursday, April 8, 2021, the company’s stock returned +12.9% for the trading day. Blink’s large stock gain on this trading day was driven by …

Continue reading “What Caught Our Attention in the Investment World? – Week of April 5-9, 2021”

By Kuldip K. Ambastha Chewy Inc. (CHWY) is an American company focused on the online retailing of pet food and other pet-related items. On the trading day of Wednesday, March 31, 2021, the stock rose by +5.4% due to impressive quarterly performance figures. In the latest quarter, sales exceeded $2 billion for the first time …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 29-April 1, 2021”

By Kuldip K. Ambastha On Sunday, March 21, 2021, Canadian Pacific Railway Limited (CP) announced that it would be buying Kansas City Southern (KSU), for $29 billion ($25 billion in cash and equity, along with $4 billion in outstanding Kansas City Southern debt). The surprise announcement resulted in a +11.1% return for Kansas City Southern …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 22-26, 2021”

By Kuldip K. Ambastha Williams-Sonoma, Inc. (WSM), a home products retailer, had two strongly positive daily returns to end this past trading week: +18.5% (Thursday, March 18, 2021) and +8.2% (Friday, March 19, 2021). For the most recent fiscal quarter, the company exceeded consensus estimates related to earnings and revenues. All of its underlying brands …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 15-19, 2021”

By Kuldip K. Ambastha Roblox Corporation (RBLX) went public in this past trading week through a direct listing on the New York Stock Exchange (NYSE). Roblox is an online gaming and entertainment platform which brings people together over shared interests. The stock’s reference price for the direct listing was $45.00. On Wednesday, March 10, 2021, …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 8-12, 2021”

By Kuldip K. Ambastha Rocket Companies, Inc. (RKT) was in the news during this past trading week. Rocket Companies is a Detroit, MI-based holding company which owns many underlying personal finance and consumer service brands. Rocket Companies prides itself on providing exceptional customer experiences through online solutions aiding the ultimate goals of home ownership and …

Continue reading “What Caught Our Attention in the Investment World? – Week of March 1-5, 2021”

By Kuldip K. Ambastha In the past trading week, The Goodyear Tire & Rubber Company (GT) announced plans to acquire Cooper Tire & Rubber Company (CTB). The plans were made public on Monday, February 22, 2021, and on that same trading day Goodyear stock had a +21.0% gain while Cooper stock had a +29.4% gain. …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 22-26, 2021”