What Caught Our Attention in the Investment World? – Week of August 15-19, 2022

By Kuldip K. Ambastha On the trading day of Friday, August 19, 2022, the stock price of Foot Locker, Inc. (FL), a multi-channel athletic shoe and apparel retailer, rose by +20.0% per share. For 2Q2022, the company reported a $0.99 earnings per share (EPS) figure, which surpassed expectations. That said, the company also disclosed a …

What Caught Our Attention in the Investment World? – Week of July 18-22, 2022

By Kuldip K. Ambastha Carnival Corporation & plc (CCL), a leisure travel company, had its stock fall by -11.2% on Thursday, July 21, 2022 and -6.0% on Friday, July 22, 2022 to close out the trading week. (See past coverage if needed: “What Caught Our Attention in the Investment World? – Week of December 20-23, …

What Caught Our Attention in the Investment World? – Week of July 11-15, 2022

By Kuldip K. Ambastha The stock of Tilray Brands, Inc. (TLRY), a Canadian company with an extensive presence worldwide in the cannabis sector, delivered +14.6% on Thursday, July 14, 2022 followed by -10.6% on Friday, July 15, 2022. Politics plays a big role in the success or failure of any cannabis sector company. On Thursday, …

What Caught Our Attention in the Investment World? – Week of July 5-8, 2022

By Kuldip K. Ambastha GameStop Corporation (GME), a video game retailer, had an up-and-down trading week for its stock with three negative daily returns and one positive daily return. (Monday, July 4, 2022 was an American holiday – Independence Day / Fourth of July – and thus not a trading day.) (See past coverage if …

What Caught Our Attention in the Investment World? – Week of June 21-24, 2022

By Kuldip K. Ambastha In the past trading week, the global beauty company Revlon, Inc. (REV) had mostly positive daily returns except for a price decline of -11.5% per share seen on Thursday, June 23, 2022. Per an announcement dated Thursday, June 16, 2022, Revlon has filed for voluntary Chapter 11 bankruptcy and reorganization for …

What Caught Our Attention in the Investment World? – Week of June 13-17, 2022

By Kuldip K. Ambastha On Monday, June 13, 2022, MicroStrategy Incorporated (MSTR), an American technology company, had its stock price fall by -25.2% per share. MicroStrategy offers business intelligence, mobile software, and cloud-based services, and is often in the news because of its exposure to bitcoins which secure a $205 million, 3-year loan from a …

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 March 28-April 1, 2022

By Kuldip K. Ambastha Longeveron Inc. (LGVN), a biotechnology company focused on clinical stage therapies, had its stock price rise by +105.4% per share on Thursday, March 31, 2022. On this trading day, a great piece of news led to a great return. Lomecel-B has shown positive results from its Phase 1 trial testing on …