Good Morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures were down on Wednesday as investors take in new data. Tech giant Nvidia Corp fell by as much as 2.1% in premarket trading, which led to the tech-heavy Nasdaq falling by almost .4%. Now the attention shifts to the U.S. GDP and inflation numbers. Also, a strong line-up of bank speakers could offer more clues into potential rate cuts. It's Wednesday and once a week our Head Trading Tactician Bryan Bottarelli makes a 7-minute trade that he's guaranteeing an 80% win rate on. Click here to unlock the next pick before it's too late. Here's a look at the top-moving stocks this morning. Beyond Meat (Nasdaq: BYND) Beyond Meat is up 53.46% in premarket after the plant-based food provider raised prices and implemented significant cost reductions. This move triggered a short squeeze, impacting the 37.6% of the company's free float that was shorted, equivalent to shares worth $172.6 million. eBay Inc. (Nasdaq: EBAY) eBay is up 4.51% in premarket due to its Q4 earnings surpassing Wall Street estimates. The company reported adjusted earnings of $1.07 per share, outdoing the forecasted $1.03, on revenues of $2.56 billion. Additionally, eBay announced an 8% dividend increase and authorized an additional $2 billion for stock repurchases. Earnings reports have the potential to serve as major catalysts for a stock's movement. But the truth is… there are more potential gains to be had AFTER earnings. Our Lead Technical Tactician Nate Bear is currently playing what he calls the "post-earnings surge" in his latest service, Profit Surge Trader. Click here to see how Nate trades just ONE TICKER over and over again for maximum potential gains. |
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