Insider Buy Triggers Premarket Boost

Good Morning Wake-Up Watchlisters! While you’re dunking donuts into your coffee you’ll see stock futures were flat on Thursday. The S&P 500 is set to finish the month 3% higher and the quarter 10% higher. This would be its best first-quarter gain since 2019.

As April looms, our Lead Technical Tactician Nate Bear is preparing his next play. Nate has a 100% win rate with his “One Ticker” payout picks in 2024, and this week he closed two winners, a 16.98% gain on WM in 1 trading day and a 21.43% winner on VRT in 1 trading day.

Click here to get Nate’s next “ONE TICKER” payout pick on April 1.

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

RH (Nasdaq: RH)

RH is up 7.83% in premarket after announcing fourth-quarter results that missed estimates. Revneue came in at $751.2 millions, down 13.6% year on year. Despite the miss, it reported upbeat revenue guidance which likely contributed to the boost. Analysts expect revenue to boost 0.7% year on year to $777.8 million, improving on the 14.4% decline.

The Chemours Company (NYSE: CC)

The Chemours Company is down 11.25% premarket after coming up with quarterly earnings of $0.31 per share, beating the Zacks estimate Consensus Estimate of $0.29. The report was an earnings surprise of 6.90%.