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Gamestop Revenue Drop...

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Fri, Jun 7, 2024 12:27 PM

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Meme stock falls in premarket after posting $32 million loss. . Every time the government releases a

Meme stock falls in premarket after posting $32 million loss. [Trade of the Day Wake-Up Watchlist] Good Morning Wake-Up Watchlisters! While you’re sipping coffee you’ll see stock futures were flat on Friday as investors prepare for the latest job data. Right now economists are estimating that the U.S. economy added 185,000 new jobs in May, with the unemployment rate expected to hold steady at 3.9%. Overall, trading was subdued ahead of the report. While investors await the latest jobs report, we’ll be paying attention to the CPI report next week in [Catalyst Cash-Outs](. Every time the government releases a report, we have a chance at making big profits, and so far in 2024 we have a 71% win rate on all our catalyst trades. [Click here to get access to our next catalyst pick today.]( Here’s a look at the top-moving stocks this morning. Gamestop Corp. (NYSE: GME) Gamestop is down 10.46% in premarket trading after reporting a $32 million loss in the fiscal first quarter. The stock was surging late Thursday and early Friday after meme investor Keith Gill, also known as “Roaring Kitty,” announced a YouTube event. A Reddit account previously tied to Gill posted a screenshot claiming their portfolio ballooned to $586 million. The same account also claimed to position in GameStop at that time valued closer to $210 million. Meme stocks offer the chance for huge profits, but they're incredibly risky due to their volatility. That’s why our Lead Technical Tactician Nate Bear uses a proven chart pattern system to make consistent winning trades in [Profit Surge Trader](. Nate has an 80% win rate using this system in 2024. [Click here to learn more about the “post-earnings surge” pattern.]( AMC Entertainment (NYSE: AMC) AMC Entertainment is down 11.05% in premarket trading after the meme stock also got swept up in the Roaring Kitty drama. The stock is down 5.4% overall on the year. [Alexander Green's 3-Minute Stock Secret]( Join investment titan Alexander Green as he unveils the simple yet powerful technique that helped him find Netflix before it soared 43,000% since 2005. [Find out what it is right here.]( Docusign, Inc. (Nasdaq: DOCU) Docusign is down 7.93% in premarket trading after its billings guidance dipped below Wall Street expectations. Next quarter’s guidance is calling for revenue to grow 5.7% year on year to $727 million, which would be a slowdown from the 10.5% year-on-year increase. The drop came despite an earnings beat and a billion dollar stock repurchase boost. Nordstrom (NYSE: JWN) Nordstrom is up 4.10% in premarket trading after the stock received an upgrade to its Relative Strength Rating from 89 to 92. The stock was down earlier this week after reporting a $39 million net loss in its first-quarter earnings report, claiming that its loyalty rewards program led to “deferred revenue.” Those are the biggest stock movers for today. Happy trading! The Wake-Up Watchlist Research Team [The AI Singularity Clock Is Ticking]( We've seen the dot-com crash... the housing bubble... and the COVID crash... but we've never seen anything like what's coming for artificial intelligence in as little as three months. It's called "the Singularity," and it refers to the exact millisecond when AI breaks free from its shackles to grow BILLIONS of times more powerful than humans. [Click here to ensure you'll be on the right side of this historic event.]( [Monument Traders Alliance] Monument Traders Alliance You are receiving this email because you subscribed to Trade of the Day Wake-Up Watchlist. To unsubscribe from Trade of the Day Wake-Up Watchlist, [click here](. Questions? Check out our [FAQs](. Trying to reach us? [Contact us here.]( Please do not reply to this email as it goes to an unmonitored inbox. To cancel by mail or for any other subscription issues, write us at: Trade of the Day | 14 West Mount Vernon Place | Baltimore, MD 21201 North America: 1.800.507.1399 | International: +1.443.353.4977 [Website]( | [Privacy Policy]( Keep the emails you value from falling into your spam folder. [Whitelist Trade of the Day](. © 2024 Monument Traders Alliance, LLC | All Rights Reserved Nothing published by Monument Traders Alliance should be considered personalized investment advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed personalized investment advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after publication before trading on a recommendation. Any investments recommended by Monument Traders Alliance should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. The information found on this website may only be used pursuant to the membership or subscription agreement and any reproduction, copying or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Monument Traders Alliance, LLC, 14 West Mount Vernon Place, Baltimore, MD 21201.

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