What Caught Our Attention in the Investment World? – Week of February 21-24, 2023

By Kuldip K. Ambastha On Friday, February 24, 2023, the stock price of Autodesk, Inc. (ADSK), a software corporation, fell by -12.9% per share. While Autodesk’s latest quarterly results were relatively strong, its future guidance on earnings and free cash flow worried Wall Street. Autodesk is moving from offering multi-year contracts (with cash all paid …

What Caught Our Attention in the Investment World? – Week of November 28-December 2, 2022

By Kuldip K. Ambastha The stock price of Zscaler, Inc. (ZS), a cloud security company, dropped by -10.7% per share on the trading day of Friday, December 2, 2022. In its latest quarterly results, Zscaler surpassed expectations when it came to earnings and revenues. However, the expected billings figure for the full year is lower …

What Caught Our Attention in the Investment World? – Week of November 14-18, 2022

By Kuldip K. Ambastha On Thursday, November 17, 2022, the stock price of Bath & Body Works, Inc. (BBWI), a prominent specialty retail company, rose by +25.2% per share. This rise in the stock price was driven by strong 3Q2022 quarterly performance results, with earnings surpassing the expected consensus estimate. Furthermore, Bath & Body Works, …

What Caught Our Attention in the Investment World? – Week of October 24-28, 2022

By Kuldip K. Ambastha On Thursday, October 27, 2022, the stock of Credit Suisse Group AG (CS), a prominent Swiss financial institution with operations around the world, had a steep price drop of -20.0% per share for the trading day. Credit Suisse Group in the recent past has had troubles linked to the scandals around …

What Caught Our Attention in the Investment World? – Week of September 26-30, 2022

By Kuldip K. Ambastha On Thursday, September 29, 2022, the stock price of CarMax, Inc. (KMX), a used vehicle retailer, dropped by -24.6% per share. The American company’s latest quarterly performance results disappointed Wall Street, especially from the perspective of earnings per share (EPS). The current landscape of high inflation, higher interest rates (making for …

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 May 9-13, 2022

By Kuldip K. Ambastha The stock price of Unity Software Inc. (U), a videogame software development company, fell by -37.0% per share on Wednesday, May 11, 2022. In Unity Software’s latest quarterly conference call, company leaders disclosed impressive 1Q2022 results, but also noted disappointing 2Q2022 and 2022 full-year guidance. Wall Street was displeased with the …

What Caught Our Attention in the Investment World? – Week of April 4-8, 2022

By Kuldip K. Ambastha Sprinklr, Inc. (CXM), an American Software-as-a-Service (SaaS) technology company offering a customer experience management platform (CEMP), had its stock price increase by +21.2% for the trading day of Thursday, April 7, 2022. Sprinklr impressed Wall Street with its most recent quarterly and yearly results on several fronts – earnings, sales, revenues, …

What Caught Our Attention in the Investment World? – Week of February 28-March 4, 2022

By Kuldip K. Ambastha The stock of GoodRx Holdings, Inc. (GDRX), a digital healthcare platform operator, dropped by -38.9% for the trading day of Tuesday, March 1, 2022. GoodRx was founded in 2011 and went public in 2020 – thus, the company’s stock has a short history of being publicly traded. The stock price dropped …

What Caught Our Attention in the Investment World? – Week of February 14-18, 2022

By Kuldip K. Ambastha Roblox Corporation (RBLX), an online gaming and entertainment platform which brings people together over common interests, is a company we have covered in the past. (See “What Caught Our Attention in the Investment World? – Week of November 8-12, 2021; By Kuldip K. Ambastha” and “What Caught Our Attention in the …