Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures dropped Friday. Investors are anticipating a chorus of Federal Reserve hawks before Chairman Jerome Powell's speech at 10 a.m. this morning. The question will be if Powell resets market expectations to continue applying the brakes to economic activity. When there's uncertainty surrounding the market, it often pays to follow the money. That's what our Head Fundamental Trading Tactician Karim Rahemtulla does as part of his Insider Matrix. Click here to learn how you could make gains as high as 2,250% with this strategy. Here's a look at the top-moving stocks this morning. Everbridge (Nasdaq: EVBG) Everbridge is up 17.42% premarket after a report the software company is exploring a sale. Potential buyers could include industrial companies and private equity firms. Activist investor Ancora Holding Group said in May that Everbridge could receive more than $70 per share in the deal. Micro Focus (NYSE: MFGP) Micro focus is up 94.56% premarket. Shares soared after the enterprise software maker accepted a takeover offer from Canada's OpenText. Micro focus accepted the bid of $5.32 per share, valuing the company at $6 billion overall. There's another British company that trades in the U.S. that we want you to know about. We call it the 'Last Great Value Stock' for good reason. Right now It's trading at just under $2 and there's an announcement in December that could send it soaring. Click here to unlock this stock. |
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