Good morning Wake-Up Watchlisters! While you're sipping coffee you'll see stock futures held steady on Thursday. There was a hefty spike late Wednesday following confirmation of a slower US rate-hiking pace from Federal Reserve Chairman Jerome Powell. China is also adopting a softer stance on COVID, with the country's top official Vice Premier Sun Chunlan saying the response is entering a new phase. With the recent positive news, a Santa Claus rally is in play. If this happens, it's important to know when to get in and out of certain stocks. See how we use this 'Perfect Timing Pattern' in The War Room for wins as high as 121% in just over an hour. It also works during bear markets. Click here to unlock the Perfect Timing Pattern. Here's a look at the top-moving stocks this morning. Okta, Inc. (Nasdaq: OKTA) Okta, Inc. is up 15.53% premarket after the company's fourth quarter adjusted earnings guidance blew past expectations. Analysts expected a loss of 11 cents per share, but the American identity company posted guidance of 9 cents to 10 cents. Revenue came in at $481 million, an increase of 37% from a year ago. Sonim Technologies (Nasdaq: SONM) Sonim Technologies is up 26.05% premarket after announcing a $17 million customer order for its tablet products. Sonim expects to ship the order from the fourth quarter and into 2023, driving revenue growth over the third quarter of 2022. The new device revenue follows $13.9 million in tablets delivered in the third quarter. Overall, these revenue streams are helping Sonim expand into the broader markets. |
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