Company News for Aug 19, 2026
- Western Digital Corporation’s WDC shares slid 7.4% on the tech stocks having a rough session.
- Shares of Baidu, Inc. BIDU plunged 12.7% after reporting second-quarter 2026 adjusted earnings of $1.06 per share, widely missing the Zacks Consensus Estimate of $1.51.
- ExxonMobil Holdings Corporation’s XOM shares rose 2.5% on energy emerging as one of the biggest winning sectors in the session.
- Shares of Amer Sports, Inc. AS gained 3.2% after reporting second-quarter fiscal 2026 adjusted earnings of 22 cents per share, beating the Zacks Consensus Estimate of 11 cents.
Zacks' Research Chief Names "Stock Most Likely to Double"
Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.
This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.
Free: See Our Top Stock And 4 Runners UpExxonMobil Holdings Corporation (XOM) : Free Stock Analysis Report
Western Digital Corporation (WDC) : Free Stock Analysis Report
Baidu, Inc. (BIDU) : Free Stock Analysis Report
Amer Sports, Inc. (AS) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
