2022年10月31日星期一

Pharma Company Spikes After Positive Test Results

Trade of the Day Wake-Up Watchlist

Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures fell on Monday. There's a busy week ahead with the Federal Reserve expected to announce its latest policy update on Wednesday. There's also more job data coming down the pipe with October's monthly employment report releasing Friday.

While October is expected to be better than September, the markets are still in a tough spot overall. That's why it's important to consider alternative investments. See why our Head Fundamental Tactician Karim Rahemtulla is showing readers why moving your cash into this $3 asset could be a good idea.

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

Actinium Pharmaceuticals (NYSE: ATNM)

Actinium Pharmaceuticals, a leader in the development of targeted radiotherapies is up 25.18% premarket after the company announced positive top-line results from the Phase 3 trial for its lead product lomab-B. The product has potential as a conditioning regimen prior to a Bone Marrow Transplant.

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Freight Technologies (Nasdaq: FRGT)

Freight Technologies is up 11.50% premarket. The supply chain company recently announced it has received a two year commitment from Kimberly Clark de Mexico to expand its fixed fleet product. The deal is expected to triple the capacity of Fleet's current product over the next three months.

 

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AppHarvest (Nasdaq: APPH)

AppHarvest is up 11.38% premarket after the agtech company opened a 654,000 square-foot indoor farm in Kentucky. The farm is designed to grow about 35 million lettuce plants at a time. It also recently completed calibration of its 'touchless growing system' for salad greens. The company has been able to grow more than 20 types of salad greens from the process.

 

Argo Blockchain (Nasdaq: ARBK)

Argo Blockchain is down 39.59% premarket after the company's plans for fundraising fell through. The London-based firm didn't say why the agreement had been called off. It is curently working to secure other deals to provide working capital for the next 12 months.

Massive swings in the market often lead to the biggest gains. But how do you know when a stock will go up or down? Tracking where insiders are putting their money could be a good place to start. Our Head Fundamental Tactician Karim Rahemtulla uses this 'follow the money' strategy and right now he's showing readers how to do it.

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Those are the top market movers today.

Happy trading!

The Wake-Up Watchlist Research Team

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