Tuesday, August 23, 2022

Eye Care Company Skyrockets After Buyout Agreement

Trade of the Day Wake-Up Watchlist

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Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures posted modest gains on Tuesday. All eyes will be on the Jackson Hole central bankers' symposium later this week. Investors are preparing for more hawkish talk as the Federal Reserve plans to tighten more aggressively into a slowing economy.

Despite the volatile outlook, it's important to remember that millionaires are often made in bear markets like these. That's why you need an edge when it comes to trading – and insider tracking is that edge. See how we legally find gem stocks other insiders are pouring money into that could lead to gains as high as 2,250%!

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Here's a look at the top-moving stocks this morning.

Aerie Pharmaceuticals (Nasdaq: AERI)

Aerie Pharmaceuticals is up 33.99% premarket after the eye care device company Alcon agreed to buy it for $770 million. The offer came in at $15.25 per share, a premium of 37% to Aerie's last closing price. The transaction value was calculated based on Aerie's 49.36 million shares outstanding as of Aug. 22.

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Blue Apron Holdings (NYSE: APRN)

Blue Apron is up 12.54% premarket as other meme stocks like Bed Bath & Beyond and AMC Entertainment faded. The upside move comes from a mix of other reddit traders buying plus a short squeeze, which is accelerating the run-up.

Meme stocks like Blue Apron can be risky due to their unpredictable nature. However, there IS a way to learn the ebb and flow of a stock's trajectory. All you need is to understand this 'perfect timing pattern.' The best part – it's so simple you don't need to be a certified math whiz to grasp how it works.

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Marin Software (Nasdaq: MRIN)

Marin Software is up 22.86% premarket after the digital marketing software announced it will integrate with the popular social media channel Snapchat. The company plans to optimize Snapchat ad campaigns through its flagship MarinOne platform. Snapchat has enormous reach with millennial and Gen Z shoppers holding $4.4 trillion in global spending power.

 

Zoom Video Communications (Nasdaq: ZM)

Zoom Video Communication is down 11.52% premarket after missing expectations on its second quarter earnings report. But that's not the worst part – it's actually the upcoming third quarter that's more troubling for investors. The company had expectations of $1.6 billion in revenue for the third quarter, but adjusted to 1.09 billion instead. It also adjusted yearly guidance to $4.3 to $4.39 billion, which is down from $4.53 billion.

 

Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

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