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| & Paragon Options | Good day, 360! | We're fresh on the heels of the S&P 500's best day since November after it gained 1.83% yesterday, while the Nasdaq bounced an impressive 2.45%... | And stock futures are UP! Let's GOOOO!!!! | As always, here are some of our top movers today.🔥. Be the best prepared trader on the Street! | | FOCUS LIST🔎 | PMAX - Up over 80% in the pre-market after announcing $4,521 billion addressable market acquisition strategy | DOYU - Up over 30% in pre after announcing the appointment of Co-CEO and special cash dividend | MCRB - Up over 20% in pre after announcing receipt of expected $50 Million installment payment related to VOWST sale | | In partnership with | |
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| | HOTLIST🔥 | PMAX - Up over 80% in the pre-market after announcing $4,521 billion addressable market acquisition strategy | Powell Max Limited (PMAX) is a financial communications services provider headquartered in Hong Kong | In the after-hours yesterday, the company announced that it has commenced activities to pursue acquisitions as part of its strategy to build and grow its business operations. The Company is currently evaluating several other financial communications service companies to continue its growth and enhance its market share in the financial communications industry in Hong Kong and Asia. | Powell Max intends to acquire companies that are generating between $1.5 million and $5 million in gross annual revenue. | Powell Max has recently secured a standby equity line of credit with a maximum amount of $40 million, which would support Powell Max to pursuing acquisitions and other strategic partnerships. | Shares of PMAX traded up over 80% in the pre-market in reaction to the news. | | The $2.32 area acted as support in the pre-market and will be an important level to watch. | Above it, targets to the upside are $2.50, $2.60, $2.90, $3.10, $3.25 and then the after-hours high at $3.89. | Below $2.32, targets to the downside are $1.90, $1.50 and then a gap fill at $1.38. | | DOYU - Up over 30% in pre after announcing the appointment of Co-CEO and special cash dividend | DouYu International Holdings Limited (DOYU) together with its subsidiaries, operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming services in the People's Republic of China. | In the pre-market this morning, the company announced that the Company's board of directors appointed Ms. Simin Ren as the Company's Co-Chief Executive Officer ("Co-CEO") effective as of today, following the transition under the leadership of the interim management committee since November 2023. With this appointment, the interim management committee has been dissolved. | On the same day, the Company's board of directors approved and declared a special cash dividend of US$9.94 per ordinary share, or US$9.94 per American Depositary Share ("ADS"), to holders of record of ordinary shares and ADSs as of the close of business on February 10, 2025. | The aggregate amount of cash dividends to be paid will be approximately US$300 million and is expected to be paid on or around February 20, 2025, for holders of ordinary shares and holders of ADSs. | Shares of DOYU traded up over 30% in the pre-market in reaction to the news. | | The first target for bulls is the pre-market high at $16.74. Beyond that, $17, $18 and $19 come into play. | Below $16.74, targets to the downside are $16, $15, $14, $13 and then a gap fill at $12.29. | | *together with Paragon Options | Can't get enough lottos? Consider Christian Tharp → he finds 1-3 opportunities Thursdays that tend to move FAST overnight. His goal is to close for massive triple digit gains in under 24 hours. Access Christian's free presentation on these overnight trades. Next trade at 3EST TODAY | | *Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically |
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| | MCRB - Up over 20% in pre after announcing receipt of expected $50 Million installment payment related to VOWST sale | Seres Therapeutics Inc. (MCRB) is a microbiome therapeutics company that develops microbiome therapeutics to treat the modulation of the colonic microbiome. | In the pre-market this morning, the company announced the receipt of a $50 million installment payment related to the Company's previously announced sale of its VOWST business to Société des Produits Nestlé S.A (SPN, and with certain of its affiliates, collectively, Nestlé Health Science). This installment payment was expected as Seres is fulfilling its transition obligations. | As previously announced, based on the Company's existing cash, inclusive of this payment, a projected installment payment from Nestlé Health Science in July 2025 of $25 million (less up to approximately $1.5M in employment-related payments to Nestlé Health Science), transaction-related obligations and current operating plans, the Company expects to fund operations into the first quarter of 2026. | Shares of MCRB traded up over 20% in the pre-market in reaction to the news. | | The $0.74 area acted as support in the pre-market and will be an important level to watch. | Above it, targets to the upside are $0.80, $0.85, $0.90, $0.95, $1, $1.05 and then the pre-market high at $1.10. | Below $0.74, targets to the downside are $0.70, $0.65, $0.60 then $0.5406. | | MARKET NEWS 📰 | | | Don't miss out on our MOBILE ALERTS! Some of these alerts have rocketed 🚀past the MOON 🌝. 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