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By Kuldip K. Ambastha On Friday, September 3, 2021, the stock of Forte Biosciences, Inc. (FBRX) stood out for its substantial trading day loss of -82.3%. Forte Biosciences, Inc. is a clinical-stage biopharmaceutical company focused on potential treatments for inflammatory skin diseases. The company released results of a Phase 2 clinical trial of FB-401, related …
By Kuldip K. Ambastha Sonoma Pharmaceuticals Inc. (SNOA) is a specialty pharmaceutical company focused on conditions which could be treated using stabilized hypochlorous acid (HOCl or HClO) in various ways. The company’s stock had a volatile end for this past trading week, with a gain of +50.6% on Thursday, August 19, 2021 followed by a …
Continue reading “What Caught Our Attention in the Investment World? – Week of August 16-20, 2021”
By Kuldip K. Ambastha Krispy Kreme, Inc. (DNUT), a specialty retailer mainly focused on doughnuts, had its second IPO during this past trading week. Thursday, July 1, 2021 was the first trading day for its stock on the NASDAQ Global Select (NasdaqGS) Market platform. The stock reference price range was initially set at $21-$24 per …
Continue reading “What Caught Our Attention in the Investment World? – Week of June 28-July 2, 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 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 …
By Kuldip K. Ambastha During this trading week, retail investors focused on stocks in the marijuana sector. Canopy Growth Corporation (CGC) is one such company, based in Smiths Falls, Ontario, Canada. Per the table above, three days of positive returns were followed by two days of negative returns. Aside from retail investor interest, the hopes …
Continue reading “What Caught Our Attention in the Investment World? – Week of February 8-12, 2021”
By Kuldip K. Ambastha During this past trading week, retail investors focused on the iShares Silver Trust ETF (SLV). The silver market is huge in market size, highly liquid, and worldwide (trading can happen for 23 hours of any given trading day). During the last trading week (What Caught Our Attention in the Investment World? …
Continue reading “What Caught Our Attention in the Investment World? – Week of February 1-5, 2021”
By Kuldip K. Ambastha On Tuesday, January 12, 2021, the stock of Etsy, Inc. (ETSY) had a +12.1% daily return. Etsy is a technology platform which serves as an online marketplace. Sellers are able to easily manage and scale their businesses (mainly focused on handmade products – arts, crafts, jewelry, clothing, and so on) through …
Continue reading “What Caught Our Attention in the Investment World? – Week of January 11-15, 2021”
By Kuldip K. Ambastha QuantumScape Corporation (QS) is a leading corporation in the development of lithium-metal batteries to be used in electric vehicles. The corporation seeks to change the landscape of energy storage and make a path towards sustainable energy for the world. Prominent investors in the company include Bill Gates plus Khosla Ventures. The …
Continue reading “What Caught Our Attention in the Investment World? – Week of January 4-8, 2021”