Good morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see US equity futures gained on Thursday. Tech stocks saw rallies, with Tesla, Amazon and Netflix all climbing higher in premarket. There’s still a glimmer of hope for a late-year rally as investors head into 2023 with a cautious mindset.

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

Kala Pharmaceuticals (Nasdaq: KALA)

Kala Pharmaceuticals is up 31.33% premarket after the FDA accepted their new investigational drug application for pipeline candidate KPI-012 for treating persistent corneal epithelial defect. Kala plans to begin a phase llb study evaluating KPI-012 for treating PCED in the first quarter of 2023.

TG Therapeutics (Nasdaq: TGTX)

TG Therapeutics is up 8.18% premarket after receiving good news from the U.S. Food and Drug Administration. The FDA approved its Briumvi treatment for relapsing forms of multiple sclerosis. With the approval, Briumvi is expected to launch commercially in the first quarter of 2023.

Biotech stocks have been surging in recent weeks. And our friend Alexander Green is pounding the table on a medical device company he’s calling ‘the biggest investment opportunity in 37 years.’

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Elys Game Technology, Corp. (Nasdaq: ELYS)

Elys Game Technology is up 30.69% premarket after the gaming company announced a license for B2B partner Cloakroom Gentlemen’s Club. The company’s first location will be in Washington D.C., and its positioned itself to open more than 100 locations in Ohio beginning in 2023.

Tesla (Nasdaq: TSLA)

Tesla is up 4.56% premarket after CEO Elon Musk told staff to ignore the “stock market craziness”. The boost snapped seven sessions of losses on Wednesday, including a 40% overall drop for the month of December. After Twitter banned a select number of journalists last Monday, Oppenheimer & Co. Managing Director and Senior Research Analyst Colin Rusch downgraded the stock, citing “brand damage” to Tesla as the main reason. Rusch mentioned he’s bullish on Tesla for the technology and fundamentals, but Musk’s Twitter decisions could weigh on consumer sentiment.

With Tesla’s future looking uncertain, it’s important to consider its competitors. Right now there are several EV companies poised to make a greater push in 2023, and we want you to know about one $25 startup. This company “has better claim the most to be the next Tesla” according to the Wall Street Journal.

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Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team