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 January 31-February 4, 2022

By Kuldip K. Ambastha Alphabet Inc. (GOOG), the parent company of Google, was a star performer on Wednesday February 2, 2022 when its stock delivered a +7.4% return for the trading day. The company’s earnings and revenue figures for the latest reporting quarter exceeded expectations. Furthermore, the company also announced a 20-for-1 stock split which …

What Caught Our Attention in the Investment World? – Week of July 26-30, 2021

By Kuldip K. Ambastha Robinhood Markets, Inc. (HOOD) is an online brokerage firm offering many investment products at a zero commission per trade for retail investors. Robinhood went public in the past trading week on NASDAQ, with the first day of trading for its stock being Thursday, July 29, 2021. Shares were initially priced at …

What Caught Our Attention in the Investment World? – Week of June 14-18, 2021

By Kuldip K. Ambastha On Monday, June 14, 2021, the stock of Corsair Gaming, Inc. (CRSR) had a +11.2% gain for the trading day. Why? Corsair Gaming is a new meme stock being followed closely by people on Reddit’s r/WallStreetBets and other online platforms. Corsair Gaming provides high-performance hardware equipment for videogame players and content …

What Caught Our Attention in the Investment World? – Week of June 1-4, 2021

By Kuldip K. Ambastha As the table above shows, AMC Entertainment Holdings, Inc. (AMC) had a volatile trading week like what a rollercoaster ride could entail. AMC Entertainment Holdings is a holding company with movie theaters all over the world. AMC Entertainment Holdings is one of several meme stocks watched closely by retail investors on …

What Caught Our Attention in the Investment World? – Week of March 1-5, 2021

By Kuldip K. Ambastha Rocket Companies, Inc. (RKT) was in the news during this past trading week. Rocket Companies is a Detroit, MI-based holding company which owns many underlying personal finance and consumer service brands. Rocket Companies prides itself on providing exceptional customer experiences through online solutions aiding the ultimate goals of home ownership and …

What Caught Our Attention in the Investment World? – Week of February 8-12, 2021

By Kuldip K. Ambastha During this trading week, retail investors focused on stocks in the marijuana sector. Canopy Growth Corporation (CGC) is one such company, based in Smiths Falls, Ontario, Canada. Per the table above, three days of positive returns were followed by two days of negative returns. Aside from retail investor interest, the hopes …

What Caught Our Attention in the Investment World? – Week of February 1-5, 2021

By Kuldip K. Ambastha During this past trading week, retail investors focused on the iShares Silver Trust ETF (SLV). The silver market is huge in market size, highly liquid, and worldwide (trading can happen for 23 hours of any given trading day). During the last trading week (What Caught Our Attention in the Investment World? …

What Caught Our Attention in the Investment World? – Week of January 25-29, 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 …

What Caught Our Attention in the Investment World? – Week of November 16-20, 2020

By Kuldip K. Ambastha On Wednesday, November 18, 2020, Target Corporation (TGT) had a +2.3% return for the day. The prominent general merchandise retailer with a motto of “Expect More. Pay Less.” announced strongly positive 3Q2020 results which drove the return seen on that day. 3Q2020 adjusted earnings per share came in at $2.79, surpassing …