Company News for July 7, 2022
- KRNT shares of Kornit Digital Ltd. fell 25.7% after the company cut its financial guidance for the second quarter of 2022 and gave a lukewarm outlook for the third quarter.
- Shares of Rivian Automotive Inc. RIVN jumped 10.4% following the company’s reaffirmation of delivering 25,000 electric vehicles this year.
- AMZN shares of Amazon.com Inc. rose 0.7% following the company’s decision to acquire a 2% stake in U.S.-based food delivery company Just Eat Takeaway.com. UK, Grubhub.
- Shares of Target Corp. TGT fell 0.2% following the company’s decision to introduce a new set of back-to-school benefits and promotions.
5 shares ready to double
Each has been handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2021. Previous recommendations have skyrocketed +143.0%, +175.9%, +498.3% and +673.0%.
Most of the stocks in this report fly under the radar on Wall Street, which provides a great opportunity to get in on the ground floor.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.