4 Active stocks to watch today 📈

Good Morning! Hey, there! It's Chris from Elite Trade Club, here to give you this morning's premarket trading news. Today is Tuesday, September 12th. I hope you have a great day in the market. Now, let's get ready to trade! Markets 📈 U.S. benchmarks opened the trading week with a strong performance on Monday. The Nasdaq led the way with a 1.1% rally, while the S&P 500 advanced 0.6%. The Dow underperformed with a 0.2% gain, and the Russell 2K added 0.1%. Futures are down in early premarket trading. S&P 500 contracts are showing a 0.2% loss at the moment. Sponsored [Forget 99% of the Stock Market 🎯]( Hi folks, Jeff Clark here... I've made my money by IGNORING 99% of the entire stock market. And I can't sit around anymore, watching people get slaughtered in the markets. I've helped my readers double their money 13 TIMES in the last year alone. All by ignoring 99% of the market and focusing on only ONE stock. I call it, "The One-Stock Retirement." [Click here to watch this "Financial Intervention."]( Premarket Highlights 🔎 ⚪ Quiet Morning. Not much to report on this morning. The economic calendar is empty, and there's no notable names on today's earnings docket. What to Watch Today 👀 Rebound Watch: AAPL One of the world's most valuable companies will introduce the public to the newest iteration of its flagship handheld today. Apple will unveil the iPhone 15at its Cupertino, CA headquarters in an event scheduled to begin 1 p.m. EDT. The company is expected to showcase four different versions of new iPhones, plus new versions of the Apple Watch. Apple stock recently suffered a pullback after the Chinese government announced a ban on iPhones for certain government employees, so it could be in position to rebound if today's event impresses investors. The event will be streamed on Apple's website and YouTube. AAPL is up 0.2% in early trading. Major Earnings 💰 Vince Holding Corp. [VNCE] ... AM Altamira Therapeutics Ltd. [CYTO] ... AM Innovage Holding Corp. [INNV] ... PM Evolution Petroleum Corporation, Inc. [EPM] ... PM Lesaka Technologies, Inc. [LSAK] ... PM Edgio, Inc. [EGIO] ... PM Mama'S Creations, Inc. [MAMA] ... PM Farmer Brothers Company [FARM] ... PM Economy 🏗 - None scheduled Running Hot 🔥 Gainers - Rail Vision Unit [RVSN] >> +12.1% - Vivani Medical [VANI] >> +22.1% - Moleculin Biotech [MBRX] >> +19.7% - Fusion Pharma [FUSN] >> +18.5% Decliners - ACELYRIN [SLRN] >> (56.9%) - Datasea [DTSS] >> (33.5%) - Sight Sciences [SGHT] >> (30.8%) - Orthofix [OFIX] >> (18.2%) WestRock [WRK] - Last Close: $34.06 A merger deal is lifting shares of WestRock. The corrugated packaging company has agreed to a merger with Smurfit Kappa Group that will create a new combined company called Smurfit WestRock. Under the terms of the deal, WRK shareholders will receive one share of the newly-combined company, plus $5 in cash. The deal represents a 27.7% premium compared to WRK's Monday closing price. Both companies' boards have approved the deal, and the transaction is expected to close in Q2, 2024. WRK is the top S&P 500 mover in today's premarket with a 5.9% gain. My Take: WRK has performed well this year, and this deal looks like a winner for both companies. It's also on course to break above a key resistance point at $35. MoonLake Immunotherapeutics [MLTX] - Last Close: $52.62 A bullish analyst note is boosting MoonLake Immunotherapeutics. HC Wainwright & Co published a note this morning reiterating its "buy" rating on the stock and maintaining its $75 price target. Just a day earlier, Refinitiv/Verus upgraded the stock from "hold" to "buy." MoonLack also filed a Form EFFECT today that signaled the start of a previously-announced offering of $1 billion worth of its ordinary shares. MLTX is up 19.2% in early trading, making it one of the morning's top stocks. My Take: There's a lot going on here, so it's hard to point to one definitive reason for this move. MLTX also has a 14.6% short ratio, which could partially explain the seemingly exaggerated rally. Ascent Solar [ASTI] - Last Close: $8.52 Ascent Solar is gaining after an announcement. This morning, Ascent said its CIGS solar technology had achieved a new benchmark in cell production efficiency. Ascent says its tech is now capable of producing a 15.5% cell production efficiency rate, well ahead of the 10.8 standard measured in 2012. The solar company also implemented a 1-for-200 reverse stock split today to maintain compliance with Nasdaq's minimum-bid price requirement. Split-adjusted shares of ASTI are currently up 31.8% in premarket trading. My Take: Reverse splits typically have a negative impact on share prices, but ASTI made a slick move by announcing some good news to offset the impact of the split. Avalo Therapeutics [AVTX] - Last Close: $0.0849 Avalo Therapeutics just landed a major sale. This morning, the micro-float biotech said it agreed to sell AVTX-801, AVTX-802, and AVTX-803 to Aug Therapeutics for an upfront payment of $150,000. The deal also includes contingent milestone payments of $15 million for each drug if the FDA approves them without a Rare Pediatric Disease designation. AUG will also assume up to $150,000 in liabilities incurred prior to the deal and assume all costs relating to the series starting with the agreement date. AVTX is this morning's top premarket mover with a 34.7% gain. My Take: AVTX's chart is pretty rough. I'm not sure how much longer such a tiny biotech can hang on without a drug approval or a buyout. It looks like a long shot. That's it for today! Thanks for reading, and good luck out there! Best Regards, Chris D. -- Elite Trade Club P.S... Want alerts delivered straight to your cell every morning for free?* Text ELITE to 47121 to sign up now and get our watchlists sent directly to your phone! 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