Company News for Jul 13, 2023

• Shares of Lucid Group, Inc. (LCID) tumbled 11.8% after the company reported that it delivered only 1,104 vehicles in the second quarter although it produced 2,173 vehicles at its Arizona plant.
• Domino's Pizza, Inc.’s (DPZ) shares jumped 11.1% after the company entered a deal with Uber Technologies, Inc. (UBER) wherein Domino’s menu options will be included on the Uber Eats as well as Postmates apps.
• Shares of Roku, Inc. (ROKU) gained 1.2% on its new partnership with Shopify Inc. (SHOP) that will allow purchases directly from Roku TV.
• Beyond Meat, Inc.’s (BYND) shares soared 13.5% following the company’s announcement a day earlier that, in a bid to expand, its steak products would now be sold at around 14,000 stores across the country including Whole Foods and Wegmans.

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.

Free: See Our Top Stock and 4 Runners Up >>