Medical Device Company Spikes Amid Buyout Talks

Tech Stocks Slide Following Snap Warning [Trade of the Day Wake-Up Watchlist] A deal could be reached in the coming weeks. Keep an eye on Insulet going forward. Good morning Wake-Up Watchlisters! While you’re sipping that first honey-infused herbal tea you’ll see stocks declined Tuesday after a profit warning from Snap (NYSE: SNAP) sent technology shares spiraling and spiked concerns of slower economic growth. Here’s a look at the top-moving stocks this morning. Insulet (Nasdaq: PODD) Insulet Corporation is up 11.05% premarket after reports Dexcom Inc. is in talks to acquire the medical device company. A potential deal would create a giant in diabetes devices, according to people with knowledge on the matter. A deal could be reached in the coming weeks. Keep an eye on Insulet going forward. Zoom Video Communications (Nasdaq: ZM) Zoom Video Communications is up 6.35% premarket after a strong earnings beat. The company had better numbers than most expected, posting almost 200,000 enterprise customers in the first quarter. The company had an adjusted EPS of $1.03, surpassing the estimate of $0.86. Zoom is looking strong right now. Pinterest (NYSE: PINS) Pinterest is down 12.79% premarket after Snap, another social media company, plunged 30% on Monday. Snap’s plunge came after CEO Evan Spiegel warned to employees that the company will miss its own targets for revenue and adjusted earnings in the current quarter. Twitter also fell almost 4% on the news. Pinterest is looking volatile going forward. Meta Platforms (NYSE: FB) Meta Platforms is down 7.81% premarket after the attorney general for Washington D.C. filed a lawsuit against Meta CEO Mark Zuckerberg on Monday, accusing him of causing the massive Cambridge Analytica data breach. According to University of Pittsburgh School of Law professor, Peter Oh, it’s unclear how strong the case against Zuckerberg may be. Meta’s stock is looking uncertain right now. Despite the tech slide, we’re currently trading a tech stock for double-digit gains in [Trade of the Day Plus.]( [See how you can get in on the action here.]( These Sectors are Screaming ‘BUY ME!” Are you following the money in the stock market? Our Head Trading Fundamental Karim Rahemtulla writes about two travel stocks you to get in on as more people start venturing outside again. [Click here to read more.]( Those are the top market movers today. Happy trading! The Wake-Up Watchlist Research Team [Have You Heard of the 44/52 Guarantee?]( [Frustrated Older Man at Computer]( Renegade market experts just rocked the financial world... It's a shocking 44/52 guarantee offer... and it's unprecedented. [See How the 44/52 Guarantee Could Change Your Portfolio]( [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.