What Caught Our Attention in the Investment World? – Week of February 13-17, 2023

By Kuldip K. Ambastha On Friday, February 17, 2023, the stock price of DraftKings Inc. (DKNG), an American fantasy sports contest and sports betting company, rose by +15.3% per share. The company had a strong 4Q2022, with revenue growth alongside an improved financial forecast for the year of 2023. For the quarter, DraftKings exceeded expectations …

What Caught Our Attention in the Investment World? – Week of January 23-27, 2023

By Kuldip K. Ambastha On the trading day of Monday, January 23, 2023, the stock price of Wayfair Inc. (W), an e-commerce company focused on furniture and home goods, rose by +26.8% per share. To close out the trading week on Friday, January 27, 2023, the stock price rose another +13.4% per share. The stock …

What Caught Our Attention in the Investment World? – Week of November 2-6, 2020

By Kuldip K. Ambastha LendingTree, Inc. (TREE) is a well-known online loan marketplace operating in the USA. On the trading day of Thursday, November 5, 2020, the company’s stock had a -15.4% loss due to 3Q2020-related news. During 3Q2020, a quarterly loss figure of -$0.26 per share was seen. In contrast, one year ago during …