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A New Kind of Cracker Barrel

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mtatradeoftheday.com

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TradeoftheDay@mb.mtatradeoftheday.com

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Fri, May 17, 2024 12:11 PM

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Restaraunt chain falls in premarket trading after cutting dividend amid transformation plan. Attenti

Restaraunt chain falls in premarket trading after cutting dividend amid transformation plan. [Trade of the Day Wake-Up Watchlist] Attention Traders: Time is starting to run out. Nvidia (NVDA) is reporting earnings in less than a week, and our Head Trading Tactician Bryan Bottarelli will be going live to reveal his strategy during his [“Nvidia Super Trade Event.”]( It’s completely free, but you’ll have to sign up below soon. [Click here to get on the guest list for this unique opportunity.]( Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were flat on Friday. While there wasn’t much movement in the indexes, there was still excitement among investors. The Dow reached a high of 40,051.05, and the indexes are on track to end the week with gains. Plus, there are no major financial reports from companies expected. As earnings season continued, our Lead Trading Tactician Bryan Bottarelli has been finding winning opportunities in [The War Room](. Yesterday he closed a 74.7% overnight gain on WMT. [Click here to get Bryan’s next overnight trade in The War Room today.]( Here’s a look at the top-moving stocks this morning. Reddit, Inc. (NYSE: RDDT) Reddit is up 17.24% in premarket trading after announcing a new AI partnership. The social media site will join Microsoft-backed OpenAI, and will give OpenAI access to Reddit’s Data API. This will let the artificial intelligence startup learn from Reddit content in real time. Reddit in turn will receive AI-powered features. Doximity, Inc. (NYSE: DOCS) Doximity is up 15.25% in premarket trading after reporting a 6% year-over-year revenue increase to $118.1 million. The leading digital platform for medical professionals in the U.S. cited strong engagement, with over 580,000 unique providers utilizing the company’s workflow tools in the last quarter, as the reason for the spike. [Nvidia's One Day Super Trade LIVE Event (May 21 at 2 p.m. ET!)]( [NVIDIA's One Day Super Trade]( Nvidia announces earnings in just a few days... When Nvidia went up... The [Nvidia One Day Super Trade]( went up MORE... When Nvidia went down... It STILL went up... Target overnight gains as high as 235%! [We're going LIVE to show you how... Sign Up Here]( DXC Technology Company (NYSE: DXC) DXC Technology is down 23.14% in premarket trading after forecasting first-quarter and full-year revenue below estimates on Thursday. Rising borrowing costs were the driving force when it came to curbing IT spending. The company saw a fiscal fourth-quarter decline 5.7% from a year ago. Cracker Barrel (Nasdaq: CBRL) Cracker Barrel Old Country Store is down 12.83% in premarket trading after the restaurant chain reduced its dividend to 25 cents a share from $1.30. The company cited a strategic transformation plan as a reason for the drop. Restaurant chains have been undergoing a shift as of late, with Red Lobster announcing plans to clsoe 87 locations in 27 states. 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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