What Caught Our Attention in the Investment World? – Week of December 27-30, 2022

By Kuldip K. Ambastha On the trading day of Thursday, December 29, 2022, the stock price of Cal-Maine Foods, Inc. (CALM), a fresh egg producer, fell by -14.5% per share. For the latest quarter, the company’s sales beat expectations while profits did not beat expectations. While egg demand and pricing per dozen eggs were strong, …

What Caught Our Attention in the Investment World? – Week of June 6-10, 2022

By Kuldip K. Ambastha Novavax, Inc. (NVAX), a clinical-stage vaccine company, had its stock price fall by -17.2% per share on Thursday, June 9, 2022. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of December 27-31, 2021; By Kuldip K. Ambastha.”) In 1Q2022, earnings per share plus total …

What Caught Our Attention in the Investment World? – Week of May 31-June 3, 2022

By Kuldip K. Ambastha On Thursday, June 2, 2022, the stock price of Chewy, Inc. (CHWY) rose by +24.2% per share. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of March 29-April 1, 2021; By Kuldip K. Ambastha.”) Chewy, Inc. (CHWY), an online retailer of pet food and …

What Caught Our Attention in the Investment World? – Week of December 27-31, 2021

By Kuldip K. Ambastha Novavax, Inc. (NVAX), a clinical-stage vaccine company, had four negative daily returns and one positive daily return for its shares during this past trading week per the table displayed here. Worldwide, the coronavirus pandemic continues to be a serious public health issue, especially through the Delta and Omicron COVID-19 variants. Novavax …

What Caught Our Attention in the Investment World? – Week of September 20-24, 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 …

What Caught Our Attention in the Investment World? – Week of June 7-11, 2021

By Kuldip K. Ambastha Biogen Inc. (BIIB), a biotech company, had a memorable Monday of this past trading week. On Monday, June 7, 2021, Biogen had a +38.3% gain for the day on its stock. Biogen’s Alzheimer’s disease treatment was approved by the U.S. Food and Drug Administration (FDA) as part of an accelerated approval …

What Caught Our Attention in the Investment World? – Week of March 29-April 1, 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 …

What Caught Our Attention in the Investment World? – Week of January 11-15, 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 …

What Caught Our Attention in the Investment World? – Week of December 7-11, 2020

By Kuldip K. Ambastha The past trading week was a big one for the initial public offering (IPO) market sector. Airbnb, Inc. (ABNB), C3.ai, Inc. (AI), and DoorDash Inc. (DASH) all had massive IPOs. Airbnb is an online marketplace for rental properties, C3.ai is an enterprise artificial intelligence software-as-a-service applications provider, and DoorDash is a …

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 …