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Shares of The Walt Disney Co.
DIS
tumbled 4.8% after collections from its film “Avatar: The Way of the Water” fell short of box office expectations.
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Shares of L3Harris Technologies, Inc.
LHX
tanked 3.6% after the company decided to buy hypersonic engine manufacturer Aerojet Rocketdyne Holdings Inc
AJRD
for $4.7 billion.
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Meta Platforms Inc.’s
META
shares slid 4.1% after the EC decided to fine up to 10% of its annual global turnover if proved guilty on infringement of the EU’s antitrust laws.
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Uranium Energy Corp.’s
UEC
shares rose 1% after posting first quarter fiscal 2023 adjusted loss per share of $0.01, narrower-than the Zacks Consensus Estimate of a loss per share of $0.02.
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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