| Good morning, Wake-Up Watchlisters! Its that time again, grind up the go-go beans, find a new filter, top off the tank and brew yourselves a fresh Cup o' Joe as we check out the premarket action. The indexes are down across the board as all eyes are on Jackson Hole where the annual Fed meeting will be held this week. Will the Fed change its strategy and stop the rate hikes? Rather than sit on your hands and wait for Mr. Powell to tell you what to do, we've got the perfect strategy to keeping the wins rolling, no matter the market! This former CBOE trader and bear market expert is sharing his crash proof playbook including the #1 Way to Double Your Money When the Markets Crash. Here is a look at the top-moving stocks this morning. Signify Health, Inc. (NYSE: SGFY) Signify Health Inc. is up 34.76% premarket. The healthcare company is currently up for grabs, with names like Amazon and UnitedHealth in the running. While it has a market cap of almost $5 billion The Wall Street Journal reports that at auction the company could fetch up to $8 billion. The highest bids this morning are coming in around $30 so there is still some room for the share price to catch up. Acquisitions in the healthcare sector offer some of the best investing opportunities. There's one small biotech company our friend and retail investing champion Alexander Green wants you to know about. They've patented a game changing medical device and right now shares are trading for under $4. Get in before Amazon buys them too! Find out more! MSP Recovery, Inc (Nasdaq: MSPR) MSP Recovery, Inc is up 33.48% premarket. The company started off with 11,000 members in 2014 and announced this morning that they now support more than 34 million members. After partnering with Peter Thiel's mysterious Palantir, MSP Recovery has built out one of the most robust healthcare analytical tools out there, LifeWallet. Now the company is integrating biometrics and blockchain technology promising even more support for its quickly growing userbase, and shareholders are clearly amped up! AMC Entertainment Holdings (NYSE: AMC) AMC Entertainment Holdings, Inc. is down 32.69% premarket. This comes after the release of a new class of preferred shares under the ticker symbol $APE, a nod to the retail investors who supported the meme-stock through the COVID pandemic. It's not the first unique effort from the cinema chain to raise cash and reduce debt, earlier this year the company bought a gold mine with the same goal in mind. Movie theatres in general are under fire, AMC's main competitor Cineworld is currently exploring a bankruptcy. We'll see if the bold moves coming out of AMC payoff in the long run, the short run is not looking too good. Pharvaris N.V. (Nasdaq: PHVS) Pharvaris is down 18.57% premarket. This drop comes after the news that the FDA is putting a hold on the clinical trials of two new drugs from the biotech microcap. The company is developing treatments for HAE, a rare but potentially life-threatening blood protein condition that affects fewer than 50,000 people in the US. Those are the top market movers today. Happy trading! The Wake-Up Watchlist Research Team | 
No comments:
Post a Comment