What Caught Our Attention in the Investment World? – Week of February 22-25, 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 …

What Caught Our Attention in the Investment World? – Week of February 14-18, 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 …

What Caught Our Attention in the Investment World? – Week of January 24-28, 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 …

What Caught Our Attention in the Investment World? – Week of December 27-31, 2021

By Kuldip K. Ambastha Novavax, Inc. (NVAX), a clinical-stage vaccine company, had four negative daily returns and one positive daily return for its shares during this past trading week per the table displayed here. Worldwide, the coronavirus pandemic continues to be a serious public health issue, especially through the Delta and Omicron COVID-19 variants. Novavax …

What Caught Our Attention in the Investment World? – Week of December 20-23, 2021

By Kuldip K. Ambastha On Tuesday, December 21, 2021, the stock of Carnival Corporation & plc (CCL), a leisure travel company, delivered an +8.7% gain for the trading day. Investors cheered on the company’s plan to return to profitability, which includes an anticipated profit in the second half of 2022. The company expects that COVID-19’s …

What Caught Our Attention in the Investment World? – Week of December 6-10, 2021

By Kuldip K. Ambastha In the past trading week, BuzzFeed, Inc. (BZFD), an online / digital media, news, and entertainment company, went public through a special purpose acquisition company (SPAC) of 890 5th Avenue Partners, Inc. (ENFA, ENFAU, ENFAW). Other media companies, especially in the digital media arena, have been watching BuzzFeed stock closely to …

What Caught Our Attention in the Investment World? – Week of November 8-12, 2021

By Kuldip K. Ambastha On Tuesday, November 9, 2021, shares of Roblox Corporation (RBLX), an online gaming and entertainment platform which brings people together over common interests, shot up by +42.2% for the trading day. (See What Caught Our Attention in the Investment World? – Week of March 8-12, 2021; By Kuldip K. Ambastha for …

What Caught Our Attention in the Investment World? – Week of October 25-29, 2021

By Kuldip K. Ambastha In this past trading week, Sweetgreen Inc. (SG), a fast-casual restaurant chain, was revealed to be going public via an initial public offering (IPO) on the New York Stock Exchange (NYSE). This IPO was announced in a Form S-1 document filed with the U.S. Securities and Exchange Commission (SEC), stating that …

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 September 20-24, 2021

By Kuldip K. Ambastha Toast, Inc. (TOST) had its initial public offering (IPO) of Class A common stock on Wednesday, September 22, 2021 through the New York Stock Exchange (NYSE). Toast, Inc. is a cloud-based restaurant software company headquartered in Boston, MA. The company has an all-in-one point-of-sale and restaurant management platform used by food …