Juniper Moons in Premarket
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Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were down on Tuesday. Investors are worrying about inflation and debt as BlackRock Inc. issued a warning about the dangers of debt-fueled government spending in an election year. The latest CPI report coming later this week should tell investors more.
Our Lead Technical Tactician Nate Bear has been tracking several tech stocks ahead of the CPI report in Daily Profits Live. Last week he closed multiple winners in the tech sector, including a 29.66% gain on META in less than 1 trading day.
Here’s a look at the top-moving stocks this morning.
Jupiter Networks (NYSE: JNPR)
Juniper Networks is up 22.67% in premarket trading after reports that the company is in talks with Hewlett Packard Enterprise for a buyout deal valued at about $13 billion. This potential acquisition could be announced as early as this week.
Match Group, Inc. (Nasdaq: MTCH)
Match Group is up 12.01% in premarket trading after activist investor Elliott Investment Management acquired a $1 billion stake in the company. Elliott’s goal is to push Match Group to improve its performance by adding new features and payment plans as consumers grow weary of paying for subscription services.