Voice AI Company Screams Upward

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Trade of the Day Wake-Up Watchlist

Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures popped on Friday. It was the biggest rally since early 2020 and was due to a variety of factors, including a dramatic reversal in China's Zero-COVID policy and lighter October consumer price data. The latest CPI info could signal a halt to the Federal Reserve's tightening of financial conditions early next year.

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Here's a look at the top-moving stocks this morning.

SoundHound AI, Inc. (Nasdaq: SOUN)

SoundHound is up 17.99% premarket after the voice AI company saw significant growth across all metrics in its latest earnings report. Its record bookings backlog adds up to $302 million, up 239% year-over-year, marking the fourth straight quarter for digital growth. Revenue was also up to $11.2 million, which is 178% year-over-year. As adoption of AI voice continues to grow, there's a chance this company could be strong going forward.

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Primerica, Inc. (NYSE: PRI)

Primerica is up 10.86% premarket after the company reported third-quarter earnings. The insurance group reported earnings of $3.02 per share, beating the Zacks Consensus Estimate of $3 per share. This quarterly report represents an earnings surprise of 0.67%.


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GoHealth (Nasdaq: GOCO)

GoHealth is down 14.36% premarket after the medicare provider saw a 37% decrease in revenue compared to a year ago. It also reported a net loss of $74.7 million. Lastly, submitted Medicare policies decreased 34% compared to a year ago.

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Tattooed Chef (Nasdaq: TTCF)

Tattooed Chef is down 19.55% premarket after the plant-based food company announced it will take new measures to reduce operating expenses and the cost of goods. Over the next 12 months, the company expects to realize approximately $30 million of cost savings primarily through a reduction marketing expenses and automation-derived savings.


Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

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