| Good morning Wake-up Watchlisters! While you're sipping coffee you'll see stock futures were up on Friday after a three-day selloff in what's been a rough week for the markets. Investors had to bear acceptance of higher-for-longer interest rates after applications for US employment benefits fell to their lowest level since January last week. When markets fall, it creates new buying opportunities on value stocks that actually have a chance to go up. Our Lead Fundamental Tactician Karim Rahemtulla has been high on this value stock for over a year now. It's already up 216% over the past 12 months and Karim believes it still has more room to grow. Click here to unlock "The Last Great Value Stock." Here's a look at the top-moving stocks this morning. Activision Blizzard Inc. (Nasdaq: ATVI) Activision Blizzard is up 1.81% premarket after British regulators gave preliminary approval Friday to Microsoft's restructured $69 billion deal to buy the video game maker. The competition and Markets Authority said revamped proposal "substantially addresses previous concerns" about stifling competition in the saturated cloud gaming market. Alibaba Group (NYSE: BABA) Alibaba Group is up 4.32% premarket after a report saying that the government is considering easing restrictions on foreign ownership of domestically listed companies. |
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