Tuesday, October 18, 2022

Life's Good for This Biopharmaceutical Company

Trade of the Day Wake-Up Watchlist

Good morning, Wake-Up Watchlisters!

Today is not the day for decaf, pour a full cup of the dark roast and let's dig into the premarket movement.

Investor sentiment is positive, and stocks are up this morning in a rare wave of optimism brought on by some nice earnings reports. Investors are also incredibly excited for next week's big War Room Open House event. Learn more about this FREE event here.

We've got more companies reporting earnings today including, Netflix (NFLX), Johnson & Johnson (JNJ), Lockheed Martin (LMT), but the big name everyone will be looking for is Goldman Sachs (GS). Goldman is the last of the big banks to report this quarter and is rumored to be working on a sweeping reorganization of the business. We'll learn more when the numbers come out.

In the meantime, the indexes are green across the board.

 

The War Room is opening its doors to the public for a FREE Open House from Oct. 24-28 (9-4pm ET)

This does not happen often, but when it does attendees have had incredible opportunities to lock in wins, including overnight doubles. For FREE!

Don't miss your chance, sign up now and join us for a FREE week.

Now, let's take a look at the top-moving stocks this morning.

 

AVEO Pharmaceuticals (NASDAQ: AVEO)

AVEO Pharmaceuticals is up 40.08% premarket. Shares of the oncology-focused biopharmaceutical company jumped this morning after it was announced that they have been acquired by Korean chemical company, LG Chem, for $15 a share. With a closing price of $10.48 yesterday that buyout pricing is a 50% increase over the current price. The combined company has the potential to dominate the global oncology market with a full suite of innovative products to support patients, from discovery to clinical treatment.

 

Ra Medical Systems (NYSE: RMED)

Ra Medical Systems is up 45.87% premarket. The medical device company has completed its at-the-market sale of 1,072,246 shares of common stock at an average price of $7.09 per share, raising gross proceeds of $7.6 million. The funds raised by the effort will go towards a proposed merger with Catheter Precision, another US-based medical device company focused on innovations in the treatment of cardiac arrhythmias. The merger should be completed by the end of the year.

The World's Next Big Tech Boom

Transparent phone
 

This new technology is predicted to be worth $13 trillion by 2030...

Apple's CEO says, "We will look back on [it] one day and say, 'How did we live our lives without it?'"

One top investor in upcoming trends, who made early bets on Facebook, Instagram and Twitter, has already invested $600 million in this new tech.

And Fortune reports that it "might be the most important trend in tech since the iPhone."

One expert calls it "XRI"... and soon everyone will be talking about it.

Go here to see why.

 

Dragonfly Energy Holdings (NASDAQ: DFLI)

Dragonfly Energy Holdings is down 13.99% premarket. The company, which produces lithium-ion batteries for RVs, boats and off-grid installations, was private until recently. On October 10th they merged with special purpose acquisition company Chardan NexTech Acquisition 2 Corp and began trading on the Nasdaq with the symbol DFLI. Initial trading sent shares soaring 100% from $10 to up over $20 in a day! Now two weeks later the dust is settling, and shares have fallen below the $10 mark.

Dragonfly may be running out of juice, but there is ONE electric vehicle company that could dominate the upcoming $7 trillion EV market. This stock could help fund your retirement. Find out more here.

 

Conn's Inc. (Nasdaq: CONN)

Conn's Inc. is down 29.10% premarket. The company also known as Conn's Home Plus is a furniture and home appliances retailer with 160 retail locations in the southern US. This morning it was announced that President and Chief Executive Officer Chandra Holt has stepped down, former President Norman Miller will take over as Interim President. Conn's and other major retailers are struggling with high inflation and gas prices. The Company currently expects total revenue for the next quarter to be down more than 20%.

The War Room is having a FREE Open House from Oct. 24-28 (9-4pm ET)

 
 

Last time we did this, attendees had a chance to cash in 15 winners in five days... including an overnight double! FOR FREE! No catch... no delayed billing... no BS.

Click here to sign up for the event now!

Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

Don't Believe Us? (See for Yourself FREE)

Open House
 

Matthew G. just said his account went from $65K... to $100,000... in just two months.

But don't take our word for it...

Get a full week of LIVE picks (the last time we did this, we hit 15 winners in five days... including an overnight DOUBLE).

Join Our One-Week Preview for FREE!

No comments:

Post a Comment

PDQ Updates for Health Professionals

You are subscribed to PDQ Updates for ...