Good morning Wake-up Watchlisters! While you’re sipping coffee you’ll see stock futures were up on Friday after a three-day selloff in what’s been a rough week for the markets. Investors had to bear acceptance of higher-for-longer interest rates after applications for US employment benefits fell to their lowest level since January last week.

When markets fall, it creates new buying opportunities on value stocks that actually have a chance of going up. Our Lead Fundamental Tactician Karim Rahemtulla has been high on this value stock for over a year now. It’s already up 216% over the past 12 months and Karim believes it still has more room to grow.

Click here to unlock “The Last Great Value Stock.”

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

Activision Blizzard Inc. (Nasdaq: ATVI)

Activision Blizzard is up 1.81% premarket after British regulators gave preliminary approval Friday to Microsoft’s restructured $69 billion deal to buy video game maker Activision Blizzard. The competition and Markets Authority said revamped proposal “substantially addresses previous concerns” about stifling competition in a fast-growing cloud gaming market.

Alibaba Group (NYSE: BABA)

Alibaba Group is up 4.32% premarket after a report saying that the government is considering easing restrictions on foreign ownership of domestically listed companies.

Splunk (Nasdaq: SPLK)

Splunk is up 0.08% premarket after reports the company will be purchased by Cisco pending a $28 billion acquisition. The deal would create one of the world’s largest software companies. Its stock jumped as high as 20% in after-hours trading yesterday.

Gold remains a popular play

As inflation numbers continue to weigh on Americans, over 100,000 investors are buying up gold at a price not seen in years. Gold has outpaced some of the world’s best assets like stocks, bonds and real estate.

Click here to start investing in metals today.

Those are the biggest stock movers for today.

Happy trading!

The Wake-Up Watchlist Research Team