Meme Stock Pops 42%

AMC, Bed, Bath & Beyond also see a boost. [Trade of the Day Wake-Up Watchlist] Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll see stock futures fell on Wednesday. Investors are preparing for the Federal Reserve’s latest interest-rate decision. The latest data from the UK showed inflation unexpectedly accelerated in February, surpassing all economists’ forecasts and further complicating global markets. With inflation still a major issue, it’s crucial to look at different ways to build wealth. This is why our friend Marc Lichtenfeld is talking about a [unique way to potentially make passive income from the oil and gas surge](. It’s not a stock or private company… and you could collect monthly income over and over again… for life. [Click here to see why the returns on these investments were 196% last year.]( Here’s a look at the top-moving stocks this morning. Gamestop (NYSE: GME) Gamestop is up 42.83% premarket after posting a surprise fourth quarter adjusted profit of 16 cents per share. Wall Street had been expecting a loss of 15 cents per share. Short interest in the flagship meme stock is about 21%, and analyst Ihor Dusankiwsky expects a big short covering tomorrow. AMC Entertainment Holdings (NYSE: AMC) AMC Entertainment is up 11.79% premarket as the fellow meme stock got a boost following Gamestop’s 42% rally. 2022 was a devastating year for AMC, with the stock starting at 27.20 and ending the year at 4.07, a miserable 85% loss. So far in 2023, it’s off to a better start with shares more than doubling from its year-end close of 4.07. Investing in meme stocks can be risky. In [The War Room]( we focus on disciplined trading and only use proven strategies to generate consistent gains in the market. We have a 74% win rate in 2023 and right now we’re guaranteeing members receive 252 winning trades in their first 12 months. [Click here to unlock The War Room.]( Bed, Bath & Beyond (Nasdaq: BBBY) Bed, Bath & Beyond is up 11.64% premarket in another meme stock rally from Gamestop’s boost. Prior to today’s trading, shares of the home goods retailer had lost 55.11% over the past month. Analysts are expecting Bed Bath & Beyond to post earnings of -$2.15 per share. This would mark a year-over-year decline of 133.7%. Petco Health and Wellness Company (Nasdaq: WOOF) Petco is down 9.54% premarket after its latest earnings report. The company delivered net revenue of $1.58 billion, up 4.2 percent versus the prior year. This was driven by the strength of its consumables business. The company also saw a 1.1 decrease in adjusted EBITDA. Its adjusted earnings per share of $0.23 was also a decline of $0.05 from the prior year. Overall, the company saw a 44.8 percent decrease in net income for 2022. Earnings reports can be a key catalyst for a stock’s up or down direction. But there’s an even more effective way to get an idea of where a stock could go. That way is by [tracking insider buying]( (the legal kind). Our Head Fundamental Tactician Karim Rahemtulla uses state-of-the-art technology to see where CEOs are putting their money. [Click here to see how this strategy could net gains as high as 2,250%.]( Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [***UPGRADED: Our "Last Great Value Stock" Trading "for Just Pennies"]( [Thumbs Up Market]( A new blockbuster report by The Motley Fool featured what we've been calling "[The Last Great Value Stock]( Fool's Christopher Ruane wrote, "Shares look quite cheap at the moment. After all, they're in penny stock territory... they offer good value - and I have been buying them for my portfolio because of that." InvestingCube says, "Share price is a bargain." And Zacks Investment Research just [upgraded]( the stock. So what is this cheap, bargain-priced, upgraded stock? [ Get the urgent details here before the price surges higher.]( [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](. © 2023 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. 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