Tuesday Watchlist - META News
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Admin
February 20, 2023
Wall Street Warrior Presents ⮕ ⮕ ⮕
Happy Monday, traders.
It's President's Day and the market's closed.
Which means, on Tuesday, we might experience a more volatile market than usual. And that means more profit opportunities.
We took a few minutes to jot down impressive runners from last Friday.
Definitely keep your eye on these when the market opens tomorrow …
This is a low-float biotech with recent news.
There are only 12 million shares outstanding. The volume shows +80 million shares traded on Friday.
And the press release mentions A.I. right in the beginning.
Take a look.
Technically the stock closed red on the day. But there was a decent amount of intraday volatility and it still closed +90% after bouncing off support from early February.
Here's a chart …
Watch for it to hold that level on Tuesday.
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This stock has a bit of a higher float, 81 million shares, but it's still pretty small in the grand scheme.
The stock didn't spike until after-hours trading when it released news it had sold $30 million worth of stock to a private investor.
Here are the details.
There isn't a chart yet because the spike was in after-hours.
But … it's had all weekend to build momentum and now an extra day because markets are closed.
This could be a really exciting ticker when the bell rings tomorrow.
Mark Zuckerberg followed in the footsteps of Elon Musk.
There will be a new blue checkmark subscription service in the coming weeks. And it's accompanied by a fee.
Here are the details.
These big tech companies need to boost their revenues.
Reducing costs is part of it … that's why we saw so many layoffs in 2022.
But there needs to be money coming in as well.
We'll see if this works for Meta Platforms Inc. (NASDAQ: META) . A company that's posted dismal earnings for three straight quarters.
Here's an image that shows past earnings reports for $META …
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