Elon Musk Throws Wrench in This Stock

Tesla CEO wants more information before sealing deal [Trade of the Day Wake-Up Watchlist] Elon Musk said he wanted more details supporting calculation that spam/fake accounts do indeed represent 5% of Twitter users. Good morning Wake-Up Watchlisters! While you’re sipping that first cup Pu-erh Tea you’ll see stock futures were higher Friday as investors hope for a potential slide into bear market territory. High inflation continues to weigh on markets after a brutal April and selling hasn’t stopped in May. Despite the choppy markets, we’ve been helping [War Room]( members make winning trades all week as part of our War Room Open House. So far we’ve made 14 trades – and 13 of them have been winners. That’s a 93% win rate! [Click here to unlock those trades.]( Here’s a look at the top-moving stocks this morning. Twitter (Nasdaq: TWTR) Twitter is down 24.93% after Elon Musk put his pending deal to buy the social media company on hold. Musk mentioned that he wanted more details supporting calculation that spam/fake accounts do indeed represent 5% of users. It was uncertain as to why he was concerned about that 5% number, though Musk has voiced concern that getting rid of spam/bots are important to increasing Twitter’s value. Twitter is looking volatile right now. Axon Enterprise (Nasdaq: AXON) Axon is up 6.27% premarket after defying analyst predictions to release its first-quarter results. The company beat both earnings and revenue forecasts, with revenue coming in at $256 million, which was 9.1% above estimates. Earnings per share came in at $0.76, which was 2,774% ahead of expectations. Axon is a stock to keep an eye on going forward. Tesla (Nasdaq: TSLA) Tesla is up 6.18% premarket, a slight rebound after shares fell below $700 briefly for the first time since August. COVID disruptions at the company’s Shanghai factory continue to disrupt production. The Shanghai Gigafactory accounts for half of the EV car maker’s production. The stock has also been volatile ever since Tesla CEO Elon Musk began negotiations to buy Twitter (Nasdaq: TWTR). Tesla is stock to keep an eye on going forward. Bill.com Holdings (NYSE: BILL) Bill.com is up 6.01% premarket after the company recently reported a 179% increase year-over-year in sales. Since Bill.com acquired Divy and Invoice2go, it’s become a one-stop shop for all things related to business-to-business patterns. This has been driving revenue up and the forecast looks good for more revenue increases. Bill.com is looking strong. New Relic (NYSE: NEWR) New Relic is down 7.97% premarket after telling investors how their business fared over the past quarter. While its revenue is up 19% year over year, the company is still losing money. Its net losses narrowed slightly to $0.24 per share for the quarter. Also, 2022 losses of $0.77 on an adjusted basis were more than double the corresponding red ink for fiscal 2021. New Relic is looking uncertain. Those are the top market movers today. Happy trading! The Wake-Up Watchlist Research Team [123% Gains... 4 Months... (NOT Options or Crypto)]( [Suprised Older Woman]( Back in August... a small group knew Ford was getting into the EV market... and they were some of the only people to see the potential. And thanks to [their unique profit strategy...]( They rang the register as Ford hit 25%... 50%... and even 100% gains. Michael K. just reported he made 123%! [Click Here to See How They Deliver the Best Recommendations Every Week - and Check Out Their 44/52 Win Guarantee]( [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](. © 2022 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 as personalized investment advice. We expressly forbid our writers from having a financial interest in their own securities recommendations to readers. All of our employees and agents must wait 24 hours after online publication or 72 hours after the mailing of printed-only publication prior to following an initial 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.