Company News for Sep 19, 2022

AMZN XOM BOWL

  • Shares of Arconic Corporation declined 4.8% after the company trimmed its annual forecast owing to a rise in a number of production costs and higher energy prices in Europe.
  • Exxon Mobil Corporation’s (XOM - Free Report) shares declined 1.7% after oil prices continued to decline for the third straight week.
  • Shares of Amazon.com, Inc. (AMZN - Free Report) fell 2.2% after transport stocks took a hit on concerns of slowing global shipment volumes which may lead to an economic slowdown.
  • Bowlero Corp.’s (BOWL - Free Report) shares jumped 7.5% after the company reported fourth-quarter fiscal 2022 earnings of $0.09 per share surpassing the Zacks Consensus Estimate of $0.02 per share.

4 Oil Stocks with Massive Upsides

Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with "black gold." 

Zacks Investment Research has just released an urgent special report to help you bank on this trend. 

In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations. 

Download your free report now to see them.