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Pharma Company Spikes on FDA Approval

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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 were up on Friday after a mixed week overall. Data from the consumer price index led to a sell-off a few days ago, but stocks have already made up most of their losses. Overall, weekly wins for the Dow and S&P 500 are within reach.

As more earnings pour in, our Lead Technical Tactician Nate Bear is seeking post-earnings winners in his latest service, Profit Surge Trader. Earlier this week Nate closed a 40.48% winner on AMZN in less than 1 trading day.

Click here to see exactly how Nate is playing these stocks after they report earnings.

 

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

Dropbox Inc. (Nasdaq: DBX)

Dropbox is down 13.64% in premarket after the cloud storage firm reported declining annual recurring revenue for its fourth consecutive quarter. Its adjusted earnings per share of 50 cents on revenue was $625 million. Analysts were expecting the company to earn 48 cents per share on sales of $631.68 million.

Yesterday Our Head Trade Tactician Bryan Bottarelli got positioned on an overnight trade on DBX in The War Room.

Click here to learn how Bryan's overnight trading tactic could double your money overnight.

 

Sarepta Therapeutics (Nasdaq: SRPT)

Sarepta Therapeutics is up 16.10% premarket after announcing FDA acceptance for its efficacy supplement to the Biologics License Application for ELEVIDYS. The drug is designed to address the underlying genetic cause of Duchenne muscular dystrophy – mutations or changes in the dystrophin gene.

 

We Could Be Less Than 3 Months Away From an AI Super-Event

According to one of the world's top AI scientists, there's a major event coming in as little as three months that could cause expensive tech stocks like Microsoft, Google and Nvidia to double or triple in price in the following months. But whatever you do, don't go all-in on Big Tech before you have all the details. Click here.

Coinbase (Nasdaq: COIN)

Coinbase is up 14.38% in premarket trading after its latest earnings report. The crypto exchange company saw revenue skyrocket by 45.2% to $905 million, surpassing analyst predictions of $825 million. It also saw a net profit of $273 million.

Roku (Nasdaq: ROKU)

Roku is down 16.73% premarket. The shares fell after it reported average revenue per user dropped by 4% year-over-year in the fourth quarter. The TV and streaming company managed to beat revenue estimates and reach 80 million active user accounts in the last quarter.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team

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