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Plant-Based Meat Provider Craters 13%

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mtatradeoftheday.com

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TradeoftheDay@mb.mtatradeoftheday.com

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Thu, May 9, 2024 11:57 AM

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BYND sees its stock drop due to slower demand. This FREE benefit for all MTA readers is going to hav

BYND sees its stock drop due to slower demand. [Trade of the Day Wake-Up Watchlist] Editor’s Note: Did you claim your free benefit? Earlier this week we launched our brand-new streaming platform, [Monument Traders Live.]( This FREE benefit for all MTA readers is going to have its first session today at 2 p.m. EST. In this session, our Head Trading Tactician, Bryan Bottarelli, and our Head Fundamental Tactician, Karim Rahemtulla, will join me to discuss our election year trading game plan. As we head into the back nine of 2024 and approach the elections, Bryan and Karim are going to outline specific strategies and plays they are eyeing. You won't want to miss this. Join us live for FREE right here: [mta-live.com]( - Ryan Fitzwater, Publisher --------------------------------------------------------------- Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were down on Thursday. Earnings season is winding down, and investors are looking at new data for clues on how to gauge potential interest rate cuts. U.S. initial jobless claims will be another focal point for investors seeking more evidence that the labor market is finally softening. The truth is these fluctuating markets have nothing on us in [The War Room](. Yesterday our Head Trading Tactician Bryan Bottarelli closed a monster 206.74% overnight winner on TRIP. [Don’t miss out on Bryan’s next big overnight trade. Click here to join The War Room today.]( Here’s a look at the top-moving stocks this morning. Beyond Meat, Inc. (Nasdaq: BYND) Beyond Meat is down 13.15% in premarket trading after posting a Q1 loss. The alternative meat company reported an earnings surprise of -5.88% and a loss of $0.72 per share versus the Zacks Consensus Estimate of $0.68. It cited weakened demand in the plant-based meat category as the main reason for the drop. Yesterday our Head Trading Tactician Bryan Bottarelli got positioned on BYND in [The War Room](. [Click here to see how Bryan’s overnight trading strategy could double your money while you sleep.]( Robinhood Markets (Nasdaq: HOOD) Robinhood Markets is up 4.37% in premarket after posting its second straight quarterly profit on Wednesday. Cryptocurrency and higher interest rates fueled growth, with crypto revenue surging 232% to $126 million. Net revenue also climbed 40% to $618 million. Our Lead Fundamental Tactician just announced his latest play in the cryptocurrency sector in [Catalyst Cash-Outs]( - and it’s not a meme coin or even bitcoin. [Click here to see how Karim is playing the aftermath from the Bitcoin Halving Event.]( [How a 3-Minute Chat with a Costco Manager Led to Incredible Gains]( What if a brief chat at a basketball game could lead to unimaginable wealth? That's what happened to Alexander Green... A short conversation led to 100-fold gains over his career. Dive into the story of the mysterious Costco manager who changed everything. [Click now to find out more.]( AppLovin (Nasdaq: APP) AppLovin is up 15.30% in premarket after its latest earnings report. The app-monetization company posted first-quarter revenue of $1.06 billion, which was up 48% from a year earlier and better than estimates of $974 million. It also increased guidance for the second quarter. Arm Holdings (Nasdaq: ARM) Arm Holdings is down 8.90% in premarket trading despite topping fourth-quarter earnings estimate. The chip company posted $928 million in reveue and net income of $224 million. However, despite high demand for its AI products, the company’s guidance for fiscal 2025 missed analysts’ expectations. The company said it anticipates its full-year revenue for fiscal 2025 to be between $3.8 billion and $4.1 billion, which is short of the average $4.03 billion expected. Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [Alexander Green's 3-Minute Stock Secret]( Join investment titan Alexander Green as he unveils the simple yet powerful technique that helped him find Netflix before it soared 43,000% since 2005. [Find out what it is right here.]( [Monument Traders Alliance] Monument Traders Alliance You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist. To unsubscribe from Trade of the Day Wake-Up Watchlist, [click here](. Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 1.800.507.1399 | International: +1.443.353.4977 [Website]( | [Privacy Policy]( Keep the emails you value from falling into your spam folder. [Whitelist Trade of the Day](. © 2024 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Monument Traders Alliance should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Monument Traders Alliance, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.

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