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By Kuldip K. Ambastha On the trading day of Tuesday, November 1, 2022, Johnson & Johnson (JNJ), a major pharmaceutical and medical product provider, announced plans to acquire Abiomed, Inc. (ABMD), a medical device maker. Due to this development, for that day the stock price of Abiomed rose sharply by +49.9% per share, while the …
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 …
Continue reading “What Caught Our Attention in the Investment World? – Week of May 31-June 3, 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 …
Continue reading “What Caught Our Attention in the Investment World? – Week of March 14-18, 2022”
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 …
Continue reading “What Caught Our Attention in the Investment World? – Week of December 27-31, 2021”
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 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 …
Continue reading “What Caught Our Attention in the Investment World? – Week of June 7-11, 2021”
By Kuldip K. Ambastha In the last few years, cryptocurrencies (and their associated blockchain technology usages) have attracted the attention of many investors. During the past trading week, the first-ever North American exchange-traded fund (ETF) for Bitcoin was launched. Purpose Bitcoin ETF (BTCC-B.TO) saw strong interest from investors and heavy daily trading volumes. Though cryptocurrencies …
Continue reading “What Caught Our Attention in the Investment World? – Week of February 15-19, 2021”
By Kuldip K. Ambastha GameStop Corporation (GME), a video game retailer, caught everyone’s attention in this past trading week. Retail investors were bullish about the stock, while institutional investors were bearish about the stock. Like many companies, GameStop has struggled due to the coronavirus pandemic, which led several institutional investors to short the stock. Retail …
Continue reading “What Caught Our Attention in the Investment World? – Week of January 25-29, 2021”
By Kuldip K. Ambastha During this past trading week, the energy sector saw announcements of industry consolidation. ConocoPhillips (COP) will be buying Concho Resources Inc. (CXO) while Pioneer Natural Resources Company (PXD) will be buying Parsley Energy, Inc. (PE). ConocoPhillips will buy Concho Resources Inc. in an all-stock deal valued at $9.7 billion. Pioneer Natural …
Continue reading “What Caught Our Attention in the Investment World? – Week of October 19-23, 2020”
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”