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

By Kuldip K. Ambastha On Thursday, September 9, 2021, the stock of Lululemon Athletica Inc. (LULU) had a gain of +10.5%. Lululemon Athletica is a prominent company in the athletic apparel and accessories sector, focused on product offerings for yoga, running, and other physical pursuits. A strongly positive 2Q2021 earnings announcement drove the gain in …

What Caught Our Attention in the Investment World? – Week of August 23-27, 2021

By Kuldip K. Ambastha Palo Alto Networks, Inc. (PANW) is a leading cybersecurity company with a worldwide client list. On Tuesday, August 24, 2021, the company’s stock had a +18.6% gain for the trading day. This return was the best trading day return ever seen for the stock of Palo Alto Networks. An impressive earnings …

What Caught Our Attention in the Investment World? – Week of July 12-16, 2021

By Kuldip K. Ambastha On Friday, July 16, 2021, the stock of Moderna, Inc. (MRNA) was up by +10.3% for the trading day. Moderna, a biotechnology company, has been highly successful in its efforts to develop a coronavirus (COVID-19) vaccine. Late on Thursday, July 15, 2021, S&P Dow Jones Indices announced that Moderna will become …

What Caught Our Attention in the Investment World? – Week of June 1-4, 2021

By Kuldip K. Ambastha As the table above shows, AMC Entertainment Holdings, Inc. (AMC) had a volatile trading week like what a rollercoaster ride could entail. AMC Entertainment Holdings is a holding company with movie theaters all over the world. AMC Entertainment Holdings is one of several meme stocks watched closely by retail investors on …

What Caught Our Attention in the Investment World? – Week of May 24-28, 2021

By Kuldip K. Ambastha Virgin Galactic Holdings, Inc. (SPCE) had two impressive trading day returns in the past trading week. On Monday, May 24, 2021, the stock had a +27.6% return. Over the past weekend, the company had its first successful test flight to space in over two years. Also, on Thursday, May 27, 2021, …

What Caught Our Attention in the Investment World? – Week of May 10-14, 2021

By Kuldip K. Ambastha The Trade Desk, Inc. (TTD) is a global technology company in the digital advertising campaigns space. The company was founded in 2009 and is headquartered in California. Its stock went public in 2016. On Monday, May 10, 2021, the company’s stock saw a dramatic -26.0% loss for the trading day. Though …

What Caught Our Attention in the Investment World? – Week of March 22-26, 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 …

What Caught Our Attention in the Investment World? – Week of November 9-13, 2020

By Kuldip K. Ambastha Quidel Corporation (QDEL) is an American company in the diagnostic healthcare product space. Its offerings are sold worldwide. On Friday, May 8, 2020, the company received emergency use authorization for a COVID-19 antigen test from the U.S. Food and Drug Administration. (Emergency use authorization is a new public health testing category …

What Caught Our Attention in the Investment World? – Week of October 5-9, 2020

By Kuldip K. Ambastha Morgan Stanley (MS) and Eaton Vance Corporation (EV) were in the news prominently in this past trading week. In a deal of cash plus stock, Morgan Stanley will be buying Eaton Vance Corporation for $7 billion. James Gorman, head of Morgan Stanley, announced this deal on Thursday, October 8, 2020. (On …

What Caught Our Attention in the Investment World? – Week of June 22 – 26, 2020

By Kuldip K. Ambastha The coronavirus pandemic is continuing to damage the private sector significantly. This week, GNC Holdings (GNC) and the parent company (CEC Entertainment) of Chuck E. Cheese plus Peter Piper Pizza both announced plans for bankruptcy. GNC Holdings will be using the bankruptcy process to close all of its health and nutrition …