Company News For Jun 7, 2019

CIEN KIRK SFIX

  • Shares of Stitch Fix, Inc. (SFIX - Free Report) surged 14.7% after the company reported third-quarter fiscal 2019 adjusted earnings per share of $0.07, surpassing the Zacks Consensus Estimate of a loss of $0.03 per share
  • Ciena Corp.’s (CIEN - Free Report) shares jumped 26.8% after posting second-quarter fiscal 2020 adjusted earnings per share of $0.48, outpacing the Zacks Consensus Estimate of $0.40
  • The Michaels Companies Inc.’s shares plummeted 12.4% after the company posted first-quarter fiscal 2019 revenues of $1.09 billion, missing the Zacks Consensus Estimate of $1.11 billion
  • Shares of Kirkland's Inc. (KIRK - Free Report) plunged  50.4% after reporting first-quarter fiscal 2019 loss per share of $0.53, wider-than the Zacks Consensus Estimate of a loss of $0.36 per share

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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