Company News for Jul 11, 2022



  • Carnival Corporation & plc

    CCL

    shares dropped 3.4% as oil prices went up.



  • Shares of WD-40 Company

    WDFC

    plunged 14.9% after the company posted third-quarter fiscal 2022 adjusted earnings per share of $1.07, missing the Zacks Consensus Estimate of $1.28.



  • Twitter, Inc.

    TWTR

    shares dropped 4.8% after the Washington Post reported that Elon Musk was planning to back out of his buyout offer.



  • Shares of Levi Strauss & Co.

    LEVI

    gained 1% after the company posted second-quarter fiscal 2022 adjusted earnings per share of $0.29, beating the Zacks Consensus Estimate of $0.23.


Zacks Names “Single Best Pick to Double”

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.


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