| | Good morning, 360! | Don’t forget to join us today for LIVE trading in the Market Master’s Room. Be the best prepared trader on the Street! | | FOCUS LIST🔎 | RDDT - Up over 10% in the pre-market after better than expected first earnings report after IPO | CLOV - Up over 15% in pre after reporting better than expected earnings | ENVB - Up over 30% in pre after signing of non-binding term sheet with undisclosed licensee for exclusive license to patented methods of treating breast and other cancers using cannabinoids | | *sponsored by Interactive Offers | This morning, we did a quick scan on the search activity for “Bird Flu” related searches, and it is shocking how many people are worried about this developing into a new pandemic. | Although this is scary, there is a bright spot right now, and it could be an incredible opportunity in the making. | Pull up NanoViricides (NNVC) on your platform right now. | While we all know the scary story of the brewing pandemic – that currently doesn’t have a cure – NNVC just announced that they have developed an antiviral drug that appears to be superior to the existing remedies, at least in early studies. | Read the whole announcement for yourself, it is incredible. | As you can imagine, the stock has been reacting very well since that announcement. | | But here is what I am wondering… What if NNVC is just getting started? | Also, just moments ago, NNVC issued more news that could tie into this whole theme. | If the market truly picks up on this story, I think we could have an absolute monster on our hands. | Bottom line: While the stock might be a little stretched right now, it is impossible to know where a story like this will carry the price to. NNVC is a fast-developing situation and it should be on the radar of every trader right now 📡. | *Sponsored content/paid advertisement. This investment involves substantial risk. Please see full disclosure below, and detailed discussion of risks and atypical results. |
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| | HOTLIST🔥 | RDDT - Up over 10% in the pre-market after better than expected first earnings report after IPO | Reddit, Inc. (RDDT) operates a website that organizes digital communities. It organizes communities based on specific interests that enable users to engage in conversations by sharing experiences, submitting links, uploading images and videos, and replying to one another. | In the after-hours yesterday, the company reported its first ever earnings after its recent IPO. | Q1 2024 Revenue increased 48% to $243 million. Analysts, on average, estimated $211.9 million, according to data compiled by Bloomberg. | The text-based social media company said it now has more than 82.7 million global daily users — a jump of 37% from a year earlier. | Reddit reported a net loss of $575.1 million in the quarter compared with a loss of $60.9 million a year earlier. Adjusted earnings before interest, taxes, depreciation and amortization were $10 million, compared with a loss of $50.2 million in the quarter a year earlier. | The stock traded up over 10% in the pre-market in reaction to the better than expected revenues and earnings release. | | The $54.50 area acted as support in the after-hours and will be an important level to watch. | Above it, targets to the upside are $57.70, $58.30 and then the after-hours high at $60. Beyond that, $64 and $65.11 come into play. | Below $54.50, targets to the downside are $51.25, $50 and then a gap fill at $49.40. | | CLOV - Up over 15% in pre after reporting better than expected earnings | Clover Health Investments Corp. (CLOV) provides medicare advantage plans in the United States. It operates through two segments: Insurance and Non-Insurance. It also offers Clover Assistant, a cloud-based software platform, that enables physicians to detect, identify, and manage chronic diseases earlier; and access to data-driven and personalized insights for the patients they treat. | In the after-hours yesterday, the company reported Q1 2024 earnings. | Highlights included: | First Quarter 2024 Insurance Revenue growth of 8% year-over-year | First Quarter 2024 GAAP Net Loss from Continuing Operations of $23.2 million versus First Quarter 2023 loss of $79.7 million | First Quarter Adjusted EBITDA profitability of $6.8 million versus prior period loss of $37.5 million | Improved 2024 guidance to Insurance Revenue of $1.30 billion - $1.35 billion and Adjusted EBITDA profitability of $10 million - $30 million | The market reacted positively to the results and better than expected guidance targeting full-year 2024 Adjusted EBITDA profitability. | The stock traded up over 15% in the pre-market in reaction to the earnings report. | | The first target for bulls is the pre-market high at $0.90. | Beyond that, $0.95, $1, $1.05, $1.10 and $1.15 come into play. | Below $0.90, targets to the downside are $0.80 and then a gap fill at $0.74. | | Intermediate Options Traders Take Note | After beating my $120,000 profit goal in a year in less than 9 months… I’ve teamed up with TAIKU! |  | *Note: Trading is hard, results not guaranteed and should not be expected to be replicated typically. |
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| ENVB - Up over 30% in pre after signing of non-binding term sheet with undisclosed licensee for exclusive license to patented methods of treating breast and other cancers using cannabinoids | Enveric Biosciences Inc. (ENVB) is a biotechnology company, engages in the development of small-molecule therapeutics for the treatment of anxiety, depression, and addiction disorders. | In the pre-market this morning, the company announced that it has signed a non-binding term sheet with an undisclosed biotechnology development and commercialization company ("Licensee") to exclusively out-license two patent families of Methods for Treating Breast Cancer and Other Cancers for development through additional discovery and preclinical stages using cannabinoids in combination with chemotherapeutic drugs to treat cancer. | Assuming certain conditions are met, the Licensee will pay Enveric a License Execution Fee and development and sales milestones up to $61 Million, and royalties (ranging from 2.5% up to 10%) on all future sales. The Licensee also has a cash Buyout Option. | The stock traded up over 30% in the pre-market in reaction to the news. | | The $1.05 area has acted as support in the pre-market and will be an important level to watch. | Above it, targets to the upside are $1.10, $1.15 and then the pre-market high at $1.26. Beyond that, $1.50, $1.63 and $1.85 come into play. | Below $1.05, targets to the downside are $1 and then a gap fill at $0.89. | | MARKET NEWS 📰 | | | 👊 Make sure you are getting my mobile text alerts – text “RAGE” to 1-(888) 404-5747 to get all of my latest HOT STOCK ideas delivered right to your phone (make sure you put the “1” at the front!). Don’t miss out! | | Questions or concerns about our products? Email Support@360wallstreet.io © Copyright 2022, RagingBull | | *PAID ADVERTISEMENT. Raging Bull has currently been paid seventeen thousand five hundred dollars from Interactive Offers who was compensated by a third party not affiliated with the Company for advertising NanoViricides. The third party, Company, or their affiliates may own and likely wish to liquidate shares of the Company at or near the time you receive this advertisement, which has the potential to hurt share prices. This advertisement and other marketing efforts, including alerts, may increase investor and market awareness, which may result in an increased number of shareholders owning and trading the securities of NanoViricides, increased trading volume, and possibly an increased share price of NanoViricides’ securities, which may or may not be temporary and decrease once the marketing arrangement has ended. 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