What Caught Our Attention in the Investment World? – Week of March 21-25, 2022

By Kuldip K. Ambastha Anaplan, Inc. (PLAN), a business planning software company, was in the headlines during the past trading week. This company was founded in 2006, became a privately held unicorn (valued at $1 billion) in 2016, and went public in 2018. A private equity firm will be acquiring Anaplan in full for $10.7 …

What Caught Our Attention in the Investment World? – Week of March 14-18, 2022

By Kuldip K. Ambastha Coupa Software Incorporated (COUP) is a technology company focused on “Business Spend Management.” Coupa had a highly volatile week in the stock market, per the table seen above with two negative daily return days followed by three positive daily return days. Early in the trading week, Coupa disappointed Wall Street with …

What Caught Our Attention in the Investment World? – Week of February 28-March 4, 2022

By Kuldip K. Ambastha The stock of GoodRx Holdings, Inc. (GDRX), a digital healthcare platform operator, dropped by -38.9% for the trading day of Tuesday, March 1, 2022. GoodRx was founded in 2011 and went public in 2020 – thus, the company’s stock has a short history of being publicly traded. The stock price dropped …

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 31-February 4, 2022

By Kuldip K. Ambastha Alphabet Inc. (GOOG), the parent company of Google, was a star performer on Wednesday February 2, 2022 when its stock delivered a +7.4% return for the trading day. The company’s earnings and revenue figures for the latest reporting quarter exceeded expectations. Furthermore, the company also announced a 20-for-1 stock split which …

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 January 18-21, 2022

By Kuldip K. Ambastha In this past trading week, the technology-heavy NASDAQ Composite Index (^IXIC) posted negative daily returns on all four consecutive trading days. (Monday, January 17, 2022 was not a trading day, due to this day being Martin Luther King Jr. Day.) The NASDAQ Composite Index entered into correction territory, with a correction …

What Caught Our Attention in the Investment World? – Week of January 10-14, 2022

By Kuldip K. Ambastha On Monday, January 10, 2022, Take-Two Interactive Software, Inc. (TTWO) shares dropped by -13.1% for the trading day, while Zynga Inc. (ZNGA) shares increased by +40.7% instead. Take-Two Interactive will be buying Zynga at a 64% premium, for $12.7 billion. Take-Two Interactive is well-known for the console-based Grand Theft Auto series …