Stock goes 🍌🍌🍌 as this company agrees to be acquired

Plus check out other important news and stocks in play this morning                                                                                                                                                                                                                                                                                                                                                                                                                 August 21, 2023 | [Read Online]( Good day, 360 – Here are our top investing ideas today – these setups look primed! And Jeff Bishop is opening up Bullseye Training 🎯 to everyone TODAY at 11AM EST → [use this link to join](! PANW - Up over 12% after earnings beat and increased guidance TMBR - Up over 95% after agreeing to be acquired by LEO pharma NEPT - Up over 11% after closing Friday up over 75% 🚨Alpha Hunter: Ends TODAY!🚨 You’ve Had Days To Save 70%. That’s The Best Jeff Can Do. Prices Skyrocket Across The Board At Midnight! Oh I know, getting off the fence can be tough. [But You NEED To Join Today!]( Jeff’s #1 Strategy of His 20+ Year Career. [→ 70% Off With Code SAVE70! ←]( You Only Have Until Midnight! BONUS! Trade Alert With Jeff @ 11AM EST [Here]( PANW - Up over 12% after earnings beat and increased guidance Palo Alto Networks Inc (PANW) provides cybersecurity solutions worldwide. The company offers firewall appliances and software; Panorama, a security management solution for the control of firewall appliances and software deployed on a customer's network plus a host of other cybersecurity solutions. On Friday, after the close, [PANW reported Q4 EPS]( of $1.44 vs. $1.29 expected and revenues of $1.95 billion vs $1.96 billion expected. The company guided Q1 EPS of $1.15 - $1.17 vs $1.12 estimate. Q1 revenue was forecasted at $2.05B -$2.08B vs $1.93B expected. It also guided full year 2024 EPS of $5.27-$5.40 vs $4.98 expected with revenues of $8.15B - $8.2B vs $8.38B estimate. Deutsche Bank also hiked its price target to $270 for PANW. The stock is up over 12% in pre-market on the news. $233.88 was resistance in the after-hours and now becomes potential support. Above it, targets to the upside are $235.50 and then the pre-market high of $236.99. Beyond that $238.75, $240 and $245 come into play. Below $233.88, there is potential support at $231.50, $230, $226.50 and $220. TMBR - Up over 95% after agreeing to be acquired by LEO pharma Timber Pharmaceuticals Inc (TMBR) is a clinical-stage biopharmaceutical company, engaging in the development and commercialization of treatments for orphan dermatologic diseases. TMBR [announced this morning]( that it would be acquired by LEO Pharma in “a total transaction value of up to $36 million with (i) an initial upfront consideration of $14 million and (ii) up to an additional $22.0 million in contingent value rights (CVRs) payable upon achievement of certain milestones.” The stock is up 95% higher this morning on the news. The stock has found support around the $2.75 area. Above it, targets to the upside are $2.80, $3 and then the pre-market high at $3.28. Beyond that, $3.40 and $3.60 come into play. Below $2.75, there is potential support at $2.42, $2.20 and then $2. NEPT - Up over 11% after closing Friday up over 75% Neptune Wellness Solutions Inc (NEPT) operates as a consumer packaged goods company in Canada, the United States and internationally. Its product portfolio includes Omega-3 fish oils and other nutritional products. In the after-hours Thursday, [the company announced it had entered into a binding term sheet]( with NH Expansion Credit Fund Holdings L.P. ("Morgan Stanley" or "MSEC") for the company's organic baby and toddler food brand, Sprout Organics. This gives Neptune an option to exchange its existing Sprout debt for Sprout equity, on or prior to November 13, 2023 (the "Exchange"). The Exchange would substantially reduce Sprout's debt. The company also reported mixed earnings. The stock closed Friday up over 75% after trading over 100% higher at one point, and is gapping 11% higher this morning from Friday’s closing price. The $0.28 area was resistance on Friday and will be an important level to watch this morning. Above it, targets to the upside are $0.30 and then Friday’s high of $0.3432. Beyond that, there is a gap to fill at $0.4050, and then $0.50 and $0.58 come into play. Below $0.28, there is potential support at $0.26, $0.24, $0.22 and then $0.1850 with a gap to fill at $0.1378. - X Ending Blocks - Twitter/X is in chaos (so what else is new) after Elon Musk announced that the “block” feature would soon be ended. Competitor Bluesky almost [crashed](as users fled to look for a new platform. Musk’s move is likely prompted by the need to protect access to advertisers - which many users have been blocking. - Microsoft Lists Food Bank As Tourist Destination - I know it’s tough out there but this is ridiculous. A Microsoft travel guide for Ottawa, Canada that built up content with “algorithmic techniques with human review” listed a food bank as a tourist destination. The catch came from [The Verge](, which has been critical of AI journalism. - Bidding War For Yellow Trucking - Old Dominion Freight Line has [bid]($1.5 billion for Yellow Trucking’s North American holdings. That’s $200 million more than Estes Express Lines - and raises the prospect of a full-scale bidding war. - Starbucks Pays Extra In Reverse Racism Suit - Remember when there was that huge media controversy a few years ago when Starbucks got in trouble for not serving two African-Americans who allegedly didn’t buy anything? Well, it [gets worse]( for Starbucks. The company allegedly fired a white worker, even though she claimed she wasn’t even at the store that day. She claimed it was because she was white - and now, on top of winning $25.6 million in a wrongful termination suit, she gets about $2.7 million in back pay and damages. That’s a lot of coffee. [Economic Calendar]( To Your Success!   Questions or concerns about our products? 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