[Image](www.elitetrade.club) Good Morning! Hey, there! It's Chris from Elite Trade Club, here to give you this morning's premarket trading news. Happy Friday! It's February 10th. I hope you have a great weekend. ð¢ FYI, there will be no closing bell report this week. We apologize for any inconvenience. It will be back on Monday, February 13th. Now, let's get ready to trade! Markets ð Stocks tumbled again on Friday with the S&P 500 losing 0.8%. The index is on pace for its worst week in nearly two months. The Nasdaq sold off for 1.0%, and the Dow fell 0.7% on the session. The small-cap Russell 2K underperformed with a 1.4% decline. Futures are pointing to more losses at today's open. S&P 500 contracts are currently down 0.6%. Sponsored [Ordinary people. Extraordinary income.]( After a tough 2022, millions of investors are hoping for a market recovery in 2023⦠But while they're doing that, why not see how to grow your wealth by potentially hundreds of dollars - every week? This "instant income" method has a track record of paying out nearly 95% of the time. Plus, you don't have to spend any money upfront (or own a single stock). [Click here for a step-by-step guide.]( Premarket Highlights ð ð² Lyft has Its Worst Day Ever: Ride-hailing stock Lyft [LYFT] is on pace for its worst single-day performance ever after it released quarterly earnings that were significantly below Wall Street's expectations. Major Earnings ð° Iqvia Holdings, Inc. [IQV] ... AM
W. P. Carey Inc. Reit [WPC] ... AM
Newell Brands Inc. [NWL] ... AM
Essent Group Ltd. [ESNT] ... AM
Mr. Cooper Group Inc. [COOP] ... AM
Millicom International Cellular S.A. [TIGO] ... AM
Sensient Technologies Corporation [SXT] ... AM
Spectrum Brands Holdings, Inc. [SPB] ... AM
Sylvamo Corporation [SLVMl] ... AM
Mettler-Toledo International, Inc. [MTD] ... PM Economy ð - UMich consumer sentiment index [Feb] ... 10a
- Federal budget balance [Jan] ... 2p Hillstream Biiopharma [HILS] - Last Close: $1.18 Strong clinical data is boosting Hillstream Bio. This morning, the company said initial results evaluating HSB-1216 plus Pembrolizumab in small-cell lung cancer patients produced promising results. The drug demonstrated significantly greater tumor inhibition, and it has been one of the most promising combos fielded by the company yet. The strong clinical data is boosting the stock in the premarket. HILS is up 65.2% in the premarket. My Take: HILS has been on a tear lately and today's rally could help it keep the momentum going. Ecoark Holdings [ZEST] - Last Close: $0.30 Ecoark Holdings is moving higher on a new deal. The company announced yesterday that it agreed to acquire BitNile.com from Ault Alliance [AULT] for $100 million worth of preferred shares. The story broke yesterday and shares initially moved lower on the news, but ZEST is rallying today. The companies expect the deal to close sometime in February. ZEST is one of today's top performers with a 23.3% gain. My Take: The market seems to have changed its mind about this deal, but be careful of a potential pullback. Exicure Inc [XCUR] - Last Close: $1.40 A recent filing is boosting shares of Exicure. A Form SC 13G/A filing from Thursday evening revealed Carson Capital LP and Double Black Diamond Offshore had amassed large positions in the company. According to the filing, the groups now control about 17.2% of the company. The news broke after the closing bell, and shares are on the rise in today's premarket. XCUR is up 25.0% ahead of today's open. My Take: The filings showed a lot of activity, so it's not 100% clear what's going on here. But, it seems shares are up on news of the institutional investors' interest in the company. HEXO Corp [HEXO] - Last Close: $1.40 HEXO Corp is rebounding after a row of losses. The marijuana stock started the year off strong as more states considered legalization, but it reversed course in February as the market soured on cannabis. HEXO lost 10.8% yesterday, just a day after news broke that indicated Minnesota could pass a legalization ill in the coming days. However, the row of losses may have been overdone because HEXO is riding high in today's premarket. Shares of HEXO are up 14.2% in early trading, enough to make it one of today's top premarket stocks. My Take: This stock has seen a lot of activity as of late, and if it can maintain its momentum it could shake off its recent run of losses. That's it for today! Thanks for reading, and good luck out there! Best Regards, Chris D. -- Elite Trade Club P.S... If you're on the hunt for a new broker, check out our preferred partner, moomoo! You can [get 15 free stocks]( worth up to $2,000 each if you join the moomoo App now. [Click here to get started.]( P.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! Or text CLOSE to 47121 to get on the mobile alert list for our Closing Bell Roundup report, featuring the day's top winners and losers. *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
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