Good morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures bumped up on Thursday. Investors are preparing for labor market data and more Fed talk from central bankers. The monthly jobs report should be telling as several companies recently announced plans for layoffs, including retail giant Amazon, which plans to cut at least 18,000 employees.

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

NovoCure (Nasdaq: NVCR)

NovoCure is up 115.16% premarket after announcing a pivotal LUNAR study in non-small cell lung cancer met its primary overall survival endpoint. The LUNAR study is a pivotal, open-label, randomized study evaluating the safety and efficacy of Tumor Treating Fields together with standard therapies. NovoCure expects to release the full results of the LUNAR study at a future medical conference.

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Oblong, Inc. (Nasdaq: OBLG)

Oblong is up 40.27% premarket after the award-winning maker of multi-stream collaborations announced it will incorporate a reverse stock split. The stock split is intended to increase the per share trading value of the company’s common stock.

Mount Rainier Acquisition Corp. (Nasdaq: RNER)

Mount Rainier Acquisition Corp. is up 26.70% premarket. The special purpose acquisition company announced today that at a special meeting of stockholders its stockholders voted to approve its proposed business combination with HUB Cyber Security. The combination is expected to close in late January 2023.

Western Digital Corporation (Nasdaq: WDC)

Western Digital Corporation is up 6.51% premarket after reports of merger talks. Bloomberg News reported the company had reignited merger talks with Kioxia, a Japanese memory manufacturer. The story, which came out late Wednesday, said that the talks between the two companies are in the early stages and may not ultimately lead to a merger.

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Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team