America's #1 Green Energy Play 🍃

We're seeing several triple-digit gainers in today's premarket. Get the details inside... [Image](www.elitetrade.club) Good Morning! Hey, guys and gals. It's Chris from Elite Trade Club, here to give you the day's premarket trading news. Today is Tuesday, August 9th. Let's get ready to trade! Markets 📈 The Dow eked out a small 0.1% gain on Monday, while the S&P 500 and Nasdaq slid to a 0.1% loss. The small-cap Russell 2K rallied 1.0% on the trading session. Today, futures are looking shaky in early-morning trading. S&P 500 contracts are currently down 0.2%. Sponsored [America's #1 Green Energy Play 🍃]( China controls 80% of the lithium market and Tesla needs a lot of lithium for its cars. But a junior miner just discovered a once-in-a-lifetime deposit of this "white gold." And it could skyrocket this tiny stock to new highs before the month is through. [Get the Stock's Ticker and an Expert Analysis Here]( Premarket Highlights 🔎 - Shares of Novavax are tumbling after the company slashed its sales forecast in response to lower-than-expected revenues from its COVID-19 vaccine. What to Watch Today 👀 More Earnings Earnings will be this week's big storyline. Premarket reports from Emerson Electric Co., GlobalFoundries, and Bentley Systems will lead this morning's premarket docket. International 🌍 Asia China's Shanghai Composite added 0.3% overnight, while India's BSE Sensex gained 0.8%. Japan's Nikkei 225 tumbled 0.9%. Europe Europe is in the red, with the German DAX's 0.9% loss leading the regional decliners. France's CAC 40 is down 04%, and the Euro Stoxx 600 has fallen 0.6% in today's trading session. Major Earnings 💰 - Emerson Electric Co [EMR] ...AM - Sysco [SYY] ... AM - Transdigm Group [TDG] ... AM - GlobalFoundries [GFS] ... AM - Warner Music Group [WMG] ... AM - Welltower [WELL] ... PM - Roblox [RBLX] ... PM - The Trade Desk [TTD] ... PM - Coinbase Global [COIN] ... PM - Akamai Technologies [AKAM] ... PM - Plug Power [PLUG] ... PM - Unity Software [U] ... PM Economy 🏗 - NFIB small-business index [Jul] ... 6a - Productivity [Q2] ... 8:30a - Unit labor costs [Q2] ... 8:30a Running Hot 🔥 Gainers - Ontrak Inc [OTRK] >> +47.0% - Tuesday Morning [TUEM] >> +92.2% - Bimi International [BIMI] >> +43.5% Decliners - CorMedix [CRMD] >> (58.6%) - Aytu BioScience [AYTU] >> (37.9%) - Novavax [NVAX] >> (31.6%) Nielsen Holdings [NLSN] - Last Close: $22.71 Nielsen is surging as investors position themselves for an imminent buyout. The data-gathering and analytics firm announced today that it was postponing a court date and a special meeting of shareholders called to finalize the preliminary agreement between a consortium of private equity investors and Nielsen's majority shareholder. WindAcre Partnership currently holds 27.0% of Nielsen's ordinary shares, and a consortium made up of Evergreen Coast Capital and Brookfield Business Partners LP. If the current terms are finalized, NLSN shareholders will receive $28 for every outstanding share of common stock. News of the postponed meeting rallied shares of NLSN to a 20.9% gain, and the stock is currently leading the S&P 500 on highly active trading volume. My Take: Investors are hoping that the postponement is a clue that WindAcre is pushing to get a higher price for its NLSN shares than the original proposal's $28 bid. If they're right, expect to see more gains ahead for this stock. Verona Pharma [VRNA] - Last Close: $6.95 Upbeat clinical data is giving Verona Pharma a premarket boost. The micro-cap biopharma firm announced today that one of its key drug candidates met its primary endpoint in a Phase 3 ENHANCE-2 trial for COPD. The ENHANCE-2 trial showed Verona's Ensifentrine as a Novel inhaled Nebulized COPD therapy demonstrated improvements in lung function and significantly reduced the risk of exacerbations. Verona Pharma's CEO said the company was very pleased with the outcome, and the company hopes to release the full Phase 3 trial data by the end of 2022. VRNA is trading actively with a 57.8% gain ahead of the opening bell. My Take: VRNA has been on a tear lately, and today's rally is piling on even more big gains. The stock was up 76.6% as of Monday's close, and it will clear triple digits if it can hold onto its premarket gains. GoodRX Holdings [GDRX] - Last Close: $7.76 GoodRX is taking off on the back of its strong quarterly numbers. The prescription discount app reported its Q2 earnings early this morning, and the numbers were better than expected. GoodRX's adjusted Q2 earnings of $0.06 per diluted share were down from last year, but still topped the Street's $0.04 target by a 50% margin. Revenues grew 8.6% from last year to $191.8 million for the quarter, beating the consensus estimate of $184.7 million. GoodRX's Q3 guidance was in line with analysts' estimates. GDRX is one of today's top performers with a 38.7% premarket gain. My Take: GoodRX could be an interesting recession play. The company isn't profitable on paper, but it could see a huge influx of demand as worn out US consumers increasingly look for ways to save in today's high-inflation environment. Lemonade [LMND] - Last Close: $25.11 Lemonade's quarterly earnings report is giving its stock a shot in the arm. The high-tech insurance stock reported its Q2 results early this morning, and shares are rallying on the strong numbers. Lemonade generated Q2 revenues of $50 million, marking 77% revenue growth from the year-earlier quarter and beating Wall Street's $47.7 million target. The company reported a quarterly loss of $1.10 per share, which also topped the Street's expectation of a $1.32 loss. Lemonade also issued forward-looking guidance that fell in line with consensus estimates. Shares of LMND are up 10.4% in today's premarket. My Take:Good growth numbers for Lemonade, but does this profitless high-tech stock have what it takes to survive a prolonged recession in a high interest rate environment? I'm not so sure, but the stock was trading for $75 a share less than a year ago, so there could be great upside in this trade. Invite Your Friends to Join Elite Trade Club and [Start Earning Valuable Rewards Now!](elitetrade.club/referral/?email={EMAIL}) [Image](elitetrade.club/referral/?email={EMAIL}) That's it for today! Thanks for reading, and good luck out there! Best Regards, Chris -- Elite Trade Club P.S... Want alerts delivered straight to your cell every morning for free?* Text ELITE to 47121 or [click here]( to sign up now and get our watchlists sent directly to your phone! *Standard message/carrier rates may apply. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside of these emails. 1969 S. ALAFAYA TRAIL Orlando FL 32828 USA [Unsubscribe]( | [Change Subscriber Options](