The CEO Rotation Continues...

Gamestop falls in premarket after another CEO departs.‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures were little changed on Thursday. The S&P 500 and Nasdaq closed lower on Wednesday, primarily due to rising U.S. bond yields following a surprise interest rate hike by the Bank of Canada. Analysts believe the Fed will likely pause in June but remain open to a potential rate hike in July, depending on economic data. As the peak rally from AI in May continues to die down, now's a good time to focus on value stocks that can withstand market headwinds. Right now our Head Fundamental Tactician Karim Rahemtulla is pounding the table on what he's calling "The Last Great Value Stock." This company has already seen a 71% rise since the start of 2023, and there's reason to believe it has more room to grow. Click here to unlock this under $2 value stock. Here's a look at the top-moving stocks this morning. Gamestop (NYSE: GME) Gamestop is down 18.61% premarket, marking its worst session in two years. This decline was triggered by the unexpected departure of a CEO who was specifically chosen to lead the company's online expansion. Ryan Cohen, the founder of Chewy and a favorite among "meme stock" traders, assumed the position of executive chairman, but no new CEO was named to replace the former Amazon.com executive, Matt Furlong. With limited investor communication, a lack of consistent strategic vision, and no earnings call, analysts find it challenging to form a firm opinion on the situation. One notable observation is the frequent turnover in GameStop's leadership, with five CEOs and three CFOs in the past five years. Smartsheet Inc. (NYSE: SMAR) Smartsheet is down 17.88% premarket. Smartsheet, an enterprise software firm, surpassed Wall Street's expectations for its fiscal first quarter but fell short in terms of its sales outlook. Following the announcement, SMAR stock experienced a significant decline in extended trading. The company reported adjusted earnings of 18 cents per share on sales of $219.9 million for the quarter ended April 30, surpassing analysts' anticipated earnings of 8 cents per share on sales of $214.1 million. Despite a grim market in May where many stocks were down, we went gangbusters in The War Room. 35 of our 39 trades finished in the green, highlighted by a 293.27% gain on Advanced Auto Parts in one trading day. We ended the month with a stunning weighted average return of 24.43% and 113% average gain overall. What are you waiting for? Click here to join The War Room. Look at What Biden Is Up to Now! You have every right to be upset at the politicians who got us into this mess. Money printing always ends in disaster. That's why the senior-most Dealmaker for the U.K.'s Department of International Trade flew to the U.S. to deliver a critical message. To see what he said, click here. HashiCorp, Inc. (Nasdaq: HCP) Hashicorp is down 21.77% premarket after reporting a quarterly loss of $0.07 per share, surpassing the Zacks Consensus Estimate of a loss of $0.14. This marks an improvement compared to a loss of $0.17 per share in the same period last year, with the figures adjusted for non-recurring items. Semtech (Nasdaq: SMTC) Semtech is up 23.45% premarket after reporting an unexpected adjusted profit. This positive development comes after the company's stock plummeted to its lowest level in over six years due to weak demand. Market optimism stems from the anticipation of a new CEO, set to begin in the coming weeks, who is expected to lead a turnaround for the company. Artificial intelligence has been all the rage, but the truth is that technology will take time to really implement. Until then, it's best to focus on tools being used to research those applications, like semiconductor companies. Click here to learn about a why this tech group could spike 525% as a result of China's sinister plan. The perfect stock doesn't exis--? Now wait a minute. Our friend Alexnader Green believes in the perfect stock. And the truth is many families have funded their entire retirement on a single stock play. And right now he's showing traders how $4 investment could be the cornerstone of your portfolio. This company is expected to generate more slaes than IBM, Facebook and Tesla, yet it trades for a fraction of those stocks. Click here to see his track record and why he believes this stock is "The Perfect Stock." Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team Better Than Oil Stocks The best way to profit from energy is NOT a stock... Rather, it's this little-known alternative investment. CLICK HERE TO FIND OUT MORE Monument Traders Alliance   You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist. 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