Company News for Jun 10, 2021

Zacks Equity Research Published on June 10, 2021

Shares of The Lovesac Company (LOVE - Free Report) rose 2% after the company reported first-quarter fiscal 2022 earnings of 13 cents per share, beating the Zacks Consensus Estimate of a loss of 55 cents a share.
Energous Corporation’s (WATT - Free Report) shares jumped 12.8% after the company and Atomosic Technologies jointly announced they have achieved an interoperability for radio frequency energy harvesting technology.
Shares of Orbital Energy Group, Inc. surged nearly 7% after the company announced that it has been awarded $64 million for a 137-megawatt project from a Fortune 100 energy company.
Global Ship Lease, Inc.’s (GSL - Free Report) shares jumped 10.7% after the company announced an agreement to acquire 12 containerships for $233.9 million.

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.