Search Results for: American

By Kuldip K. Ambastha On Wednesday, July 27, 2022, the stock of global pharmaceutical company Teva Pharmaceutical Industries Limited (TEVA) rose in price by +28.4% per share. Teva is the world’s largest generic medicine producer, and has been struggling for the last five years because of weakness in the American generic medicine sector plus intense …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 25-29, 2022”

By Kuldip K. Ambastha GameStop Corporation (GME), a video game retailer, had an up-and-down trading week for its stock with three negative daily returns and one positive daily return. (Monday, July 4, 2022 was an American holiday – Independence Day / Fourth of July – and thus not a trading day.) (See past coverage if …

Continue reading “What Caught Our Attention in the Investment World? – Week of July 5-8, 2022”

By Kuldip K. Ambastha On Monday, June 13, 2022, MicroStrategy Incorporated (MSTR), an American technology company, had its stock price fall by -25.2% per share. MicroStrategy offers business intelligence, mobile software, and cloud-based services, and is often in the news because of its exposure to bitcoins which secure a $205 million, 3-year loan from a …

Continue reading “What Caught Our Attention in the Investment World? – Week of June 13-17, 2022”

By Kuldip K. Ambastha Ross Stores, Inc. (ROST), an American chain (“Ross Dress for Less”) of discount department stores, had its stock price drop by -22.5% per share on Friday, May 20, 2022. 1Q2022 sales were down from the same figure released for 1Q2021. Inflationary pressures have resulted in customers spending less overall, including at …

Continue reading “What Caught Our Attention in the Investment World? – Week of May 16-20, 2022”

By Kuldip K. Ambastha Sprinklr, Inc. (CXM), an American Software-as-a-Service (SaaS) technology company offering a customer experience management platform (CEMP), had its stock price increase by +21.2% for the trading day of Thursday, April 7, 2022. Sprinklr impressed Wall Street with its most recent quarterly and yearly results on several fronts – earnings, sales, revenues, …

Continue reading “What Caught Our Attention in the Investment World? – Week of April 4-8, 2022”

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 Kohl’s Corporation (KSS) is an American department store retail chain, founded by Maxwell Kohl in 1962. On Monday, January 24, 2022, the company’s stock delivered a +36.0% return for the trading day. Why? The stock was in the public eye and in play due to the company receiving takeover offers through …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 24-28, 2022”

By Kuldip K. Ambastha On Tuesday, November 2, 2021, Avis Budget Group, Inc. (CAR) returned +108.3% and Chegg, Inc. (CHGG) returned -48.8% for the trading day. Avis, a vehicle rental and mobility solutions company, delivered strong 3Q2021 results and has announced a pledge to expand into using electric vehicles in the future. Avis has benefited …

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

By Kuldip K. Ambastha On Monday, October 11, 2021, the stock of SoFi Technologies, Inc. (SOFI), an American online personal finance company, rose by +13.4% for the trading day. The company has a strong set of offerings across student loan refinancing, credit cards, investing, banking, and other units. The SoFi online platform is accessible both …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 11-15, 2021”

By Kuldip K. Ambastha On Wednesday, October 6, 2021, the stock of Affirm Holdings, Inc. (AFRM), a digital and mobile commerce platform financial technology (fintech) company in the “buy now, pay later” payments arena, rose by +20.0% for the trading day. The catalyst here was a partnership announced between Affirm Holdings and Target Corporation (TGT), …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 4-8, 2021”