Company News for Jun 19, 2020

Zacks Equity Research Published on June 19, 2020

Shares of Spotify Technology S.A. (SPOT - Free Report) jumped 12.7% after the company inked a deal with AT&T’s Warner Brothers and DC Entertainment to add popular DC Comics character podcasts to its library.
Shares of Alpine Immune Sciences, Inc. (ALPN - Free Report) soared more than 100% after the company reported a licensing deal with AbbVie for the development and commercialization of its ALPN-101.
Shares of Neonode Inc. (NEON - Free Report) rose 69% after the company reported its touch sensor modules have been selected by Anhui Easpeed Technology to upgrade thousands of elevators in China with holographic button panels.
Shares of Allied Esports Entertainment Inc. jumped 39.9% after the company reported that its HyperX esports arena in Las Vegas will reopen on June 25th.

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.