Company News for May 21, 2026

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Company News for May 21, 2026
Intuit Inc. ( INTU) shares fell 4% after Reuters reported that the company plans to cut about 17% of its workforce, affecting nearly 3,000 employees. AMC Entertainment Holdings, Inc. ( AMC) shares jumped 11.8% after CEO Adam Aron disclosed the purchase of 250,000 shares worth about $344,000. Lowe's Companies, Inc. ( LOW) shares rose 1.2% after the company reported first-quarter 2026 adjusted earnings of $3.03 per share, beating the Zacks Consensus Estimate of $2.96 per share. Shares of The TJX Companies, Inc. ( TJX) rose 5.7% after the company reported first-quarter 2026 adjusted earnings of $1.19 per share, beating the Zacks Consensus Estimate of $1.01 per share.

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%.

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The TJX Companies, Inc. (TJX): Free Stock Analysis Report
 
Lowe's Companies, Inc. (LOW): Free Stock Analysis Report
 
Intuit Inc. (INTU): Free Stock Analysis Report
 
AMC Entertainment Holdings, Inc. (AMC): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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