Company News for Dec 29, 2022



  • Shares of AMC Entertainment Holdings, Inc.

    AMC

    declined 4.7% after the movie theatre chain’s CEO Adam Aron asked the company to freeze his salary and requested other top executives to follow suit.



  • Southwest Airlines Co.’s

    LUV

    shares fell 5.2% after the airline company continued with its flight cancellations and struggled to return to normal due to the only deadly winter storm.



  • Shares of Chevron Corporation

    CVX

    declined 1.5% as oil prices continued to fall.



  • Salesforce, Inc.’s

    CRM

    shares lost 1.7% on the broader tech slump.


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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