Pharma Company Spikes 7%

Vertex Pharmaceuticals jumps in premarket trading after announcing positive results for numeric pain drug. [Trade of the Day Wake-Up Watchlist] Good morning Wake-Up Watchlisters! While you’re sippin coffee you’ll see stock futures were up on Wednesday ahead of the Federal Reserve’s last announcement of the year. Investors will be focusing primarily on the Fed’s policy decision due this afternoon. As of now, the sentiment is the Fed will pause rate hikes. While volatility in the markets is expected today, the truth is there are still ways to find consistent profits no matter what the Fed does. Every Wednesday our Head Trading Tactician Bryan Bottarelli uses a unique trading strategy that takes advantage of a specific[market trend](. Right now he’s guaranteeing an 80% win rate on this weekly trade. [Click here to unlock Bryan’s latest pick.]( Here’s a look at the top-moving stocks this morning. Vertex Pharmaceuticals (Nasdaq: VRTX) Vertex Pharmaceuticals is up 7.02% premarket after announcing positive results from its Phase 2 dose-ranging study of its new drug VX-548 to treat numeric pain. The study showed treatment with doses of VX-548 resulted in statistically significant and clinically meaningful reduction in the Numeric Pain Rating Scale at Week 12. Cava Group (NYSE: CAVA) Cava Group is up 1.16% premarket after its IPO expiration allowed insiders to sell shares. Roughly 13.6 million shares were traded on Tuesday, which is almost 10 times its normal trading volume. The fact that the stock is up shows buyers still outnumber sellers. [$200 Trillion "AI Phase 2" Moments Away?]( [AI question mark]( "AI Phase 2" is on course to mint 2,931 millionaires every single day... [And if you click here now, you'll see how YOU could get a piece of the action...]( Pfizer Inc. (NYSE: PFE) Pfizer is down 7.17% in premarket trading after a weak revenue forecast hurt its shares. The U.S. drugmaker expects its annual revenue to be in the range of $58.5 billion to $61.5 billion compared with analysts’ average estimate of $63.17 billion, according to LSEG data. A drop in annual vaccination rates have forced the company to launch a program in October to cut jobs and save at least $4 billion in a year. Moderna (Nasdaq: MRNA) Moderna is down 4.22% in premarket trading after announcing Chief Commercial Officer Arpa Garay will step down, after joining the company in April 2022. CEO Stephane Bancel will assume Garay’s responsibilities. [Trump's Former National Security Advisor Warns of Chinese Plot...]( [Major General McMaster]( China is about to do [the previously unthinkable](... Trump's former national security advisor says, "Xi Jinping is preparing the Chinese people for war." NOW is the time to act to protect yourself... 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