Trump’s Social Media Company Spikes

Good morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stocks rose on Monday as investors gather for several big events. The mid-term elections are tomorrow and October consumer price data is set to be released soon. Election Day could keep investors on edge as dozens of key races will determine which political party has control over the congressional agenda.

Speaking of politicals, there have been major shifts in the political realm in 2022, including Russian President Vladimir Putin’s decision to invade Ukraine. This has caused several developments as Russia also recently cut off energy supplies to all of Europe. Check out why our friend Alexander Green thinks that could be a major blunder on Putin’s part – and what you can do to profit in the next 18 months.

Click here to see how this stock could grow 2,400% as a result of Putin’s decision.

Here’s a look at the top-moving stocks this morning.

Digital World Acquisition Corp. (Nasdaq: DWAC)

Digital World Acquisition Corp. is up 24.71% premarket after Donald Trump’s tech and social-media merger partner Digital World recently pushed its shareholder vote on whether to approve a deadline extension to complete a recent merger. The blank-check acquisition company that plans to merge with the firm wants to give shareholders more time to agree to an extension.

Social media companies like DWAC have struggled in 2022, however, there was one company that recently popped in the premarket. Our Head Fundamental Tactician Karim Rahemtulla was following insider buying on this company and saw the pattern developing. See how he does this in real time by joining the Insider Matrix.

Click here to discover the Insider Matrix.

IAA, Inc. (NYSE: IAA)

IAA Inc. is up 9.20% premarket after the company reported strong third quarter earnings. It posted $497.5 million in revenue, up from $420.7 million the year before, for a 18.3% change. Overall, organic revenue increased $44.8 million, or 10.6%, to $465.5 million.

D-Wave Quantum (NYSE: QBTS)

Arcturus is up 34.03% premarket after the global leader in computing software recently announced two key updates to its constrained quadratic model. The CQM hybrid solver can address real-world commercial-scale optimization problems, giving businesses the power of quantum computation to solve complex problems.

Blue Apron (NYSE: APRN)

Blue Apron is down 20.29% premarket after the meal kit company reported a wider-than-expected loss and missed revenue expectations. Orders and customers declined, and it withdrew its full-year outlook. Net losses narrowed to $25.75 million, or 74 cents a share, from the year-ago period.

In the War Room, we use several strategies to profit off falling stocks like Blue Apron. These tactics have helped record wins as 121% in just over an hour. The best part – it works during bull and bear markets.

Click here to see how at-home traders use the War Room for profits in bear markets.

Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

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