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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 …

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

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 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 …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 25-29, 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, …

Continue reading “What Caught Our Attention in the Investment World? – Week of October 18-22, 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”

By Kuldip K. Ambastha The stock of Dollar Tree, Inc. (DLTR), a prominent discount variety store chain operator in North America, had an impressive gain of +16.5% for the trading day of Wednesday, September 29, 2021. As dollar store chains have faced rising inflationary, raw material cost, freight shipping cost, and labor cost pressures, store …

Continue reading “What Caught Our Attention in the Investment World? – Week of September 27-October 1, 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 …

Continue reading “What Caught Our Attention in the Investment World? – Week of September 20-24, 2021”

By Kuldip K. Ambastha During this past trading week, stocks in the casino sector suffered greatly. After positive daily returns on Monday, September 13, negative daily returns were mostly seen for the rest of the trading week for Las Vegas Sands Corporation (LVS) and Wynn Resorts, Limited (WYNN) per the table seen above (except for …

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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 …

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