Good morning Wake-Up Watchlisters! While you’re sipping that kale pineapple smoothie you’ll see stock futures inched lower after a surprise American inflation print put more pressure on the Federal Reserve to step up monetary tightening.

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

Five Below (Nasdaq: FIVE)

Five Below is down 9.93% premarket after the company’s first-quarter fiscal 2022 results. Investors were frustrated after lower-than-expected sales and a lower view for the fiscal year. Net sales of $639.6 million were up 7% from last year, but came below the Zacks Consensus Estimate of $653.2 million. Comparable sales for the quarter also declined 3.6% against a 162% increase from a year ago. Five Below is looking volatile.

Alliant Energy (Nasdaq: LNT)

Alliant Energy is up 4.05% premarket as the company continues to make progress in the renewable energy area. The company announced the voluntary goal of retiring all the existing coal-fired generation by 2040, which aims to lower emissions by 50%. Alliant’s long-term earnings growth is currently pegged at 5.7%. Keep an eye on Alliant Energy going forward.

Sketchers (NYSE: SKX)

Sketchers is up 2.99% premarket due to increased growth from its domestic and international channels. The company saw double-digit growth in both physical stores and e-commerce businesses in the first quarter of 2022. The company is also seeing high demand for its Comfort Technology footwear. With more people seeking a relaxed lifestyle in both work and leisure, Sketchers is a stock to keep an eye on going forward.

PG&E Corporation (NYSE: PCG)

PG&E Corporation is up 3.19% premarket after the company announced it will join Aemetis, Inc. to officially commission the interconnection of a new Renewable Natural Gas facility in Keyes, Calif. The partnership will enable transportation of clean renewable natural gas to California transportation customers and capture more than 1.6 MMBtu of dairy methane per year that would otherwise be emitted into the atmosphere. Keep an eye on PG&E going forward.

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Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team