Company News For Nov 9, 2017

MGM WEN FOSL SNAP

  • Shares of Snap Inc. (SNAP - Free Report) fell 14.6% after reporting third-quarter loss of $0.14 per share, wider than the year-ago quarter’s loss of $0.13
  • MGM Resorts International’s (MGM - Free Report) shares increased 17.1% after posting third-quarter revenues of $2.83 billion, surpassing the Zacks Consensus Estimate of $2.77 billion
  • Shares of The Wendy's Company’s (WEN - Free Report) decreased 1.6% after reporting third-quarter earnings per share of $0.09, missing the Zacks Consensus Estimate by 3 cents
  • Fossil Group, Inc’s (FOSL - Free Report) shares plunged 17.2% after posting third-quarter adjusted earnings of $0.04 cents per share, lower than the year-over-year’s figure of $0.48

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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