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Company News for Sep 19, 2022

Zacks Equity Research
·1 min read

  • Shares of Arconic Corporation ARNC declined 4.8% after the company trimmed its annual forecast owing to a rise in a number of production costs and higher energy prices in Europe.

  • Exxon Mobil Corporation’s XOM shares declined 1.7% after oil prices continued to decline for the third straight week.

  • Shares of Amazon.com, Inc. AMZN fell 2.2% after transport stocks took a hit on concerns of slowing global shipment volumes which may lead to an economic slowdown.

  • Bowlero Corp.’s BOWL shares jumped 7.5% after the company reported fourth-quarter fiscal 2022 earnings of $0.09 per share surpassing the Zacks Consensus Estimate of $0.02 per share.


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