Company News For Sep 17, 2019

• Alder BioPharmaceuticals, Inc.’s shares soared 83.9% after Danish company Lundbeck announced plans to acquire the company in a deal worth $2 billion
• Shares of General Motors Company (GM - Free Report) fell 4.3% after the United Auto Workers went on strike onSep 15; this is the first nationwide strike at General Motors in the last 12 years
• Shares of New Relic, Inc. dropped 0.4% as the software company mentioned a cut in revenue guidance
• SemGroup Corporation’s shares rose 60.5% after Energy Transfer LP (ET) announced that it will buy SemGroup for $5 billion

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.

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