Company News for Jul 14, 2022



  • Delta Air Lines Inc.’s

    DAL

    shares tanked 4.5% after the company  reported second-quarter 2022 adjusted earnings per share of $1.44, missing the Zacks Consensus Estimate of $1.71.



  • Shares of Fastenal Co.

    FAST

    tumbled 6.4% after posting second-quarter 2022 revenues of $1,778.6 million, lagging the Zacks Consensus Estimate of $1,792 million.



  • Twitter Inc.’s

    TWTR

    shares jumped 7.9% after Hindenburg Research acquired a significant long position in company’s stock.



  • Shares of ironSource Ltd.

    IS

    soared 47.1% following its agreement to be acquired by Unity Software Inc.

    U

    in an all-stock deal valued at $4.4 billion.


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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