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[156.70.22.29]) by mx.google.com with ESMTPS id a17-20020a631a51000000b005cdd9963f49si12158205pgm.863.2024.03.27.10.29.21 for (version=TLS1_2 cipher=ECDHE-ECDSA-AES128-GCM-SHA256 bits=128/128); Wed, 27 Mar 2024 10:29:22 -0700 (PDT) Received-SPF: pass (google.com: domain of msprvs1=19816qfivppps=bounces-280172-164@bounces.thestreet.com designates 156.70.22.29 as permitted sender) client-ip=156.70.22.29; Authentication-Results: mx.google.com; dkim=pass header.i=@email.thestreet.com header.s=scph0221 header.b=avkYGdh2; spf=pass (google.com: domain of msprvs1=19816qfivppps=bounces-280172-164@bounces.thestreet.com designates 156.70.22.29 as permitted sender) smtp.mailfrom="msprvs1=19816QFIVpppS=bounces-280172-164@bounces.thestreet.com"; dmarc=pass (p=QUARANTINE sp=NONE dis=NONE) header.from=thestreet.com X-MSFBL: 2swIR1ExlO7vczhBv3NN5FMvc31xaWfI5Fnkkz4yLF4=|eyJzdWJhY2NvdW50X2l kIjoiMTY0IiwiY3VzdG9tZXJfaWQiOiIyODAxNzIiLCJyIjoic3Rlcmxpbmd3aGd AZ21haWwuY29tIiwibWVzc2FnZV9pZCI6IjY1ZmM2ZTU3MDQ2NjZlZmJjZGVhIiw idGVuYW50X2lkIjoic3BjIn0= DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=email.thestreet.com; s=scph0221; t=1711560558; i=@email.thestreet.com; bh=A0y9NRvRnIVkMDrwAE36NoZ7sJtPTEZ60zOBnrUbpW0=; h=To:Message-ID:Date:Content-Type:Subject:List-Unsubscribe:From: From:To:Cc:Subject; b=avkYGdh236HAlbtnw6IvgYPKsiWKs5XMOvIgbniRxb15aCFt8redw2ne0xXElfxvM N0RZksvQt9GUJGz5I/54UQX42tIYUNZ+RecJOKNzZ+XXs75by1NqZYLR1kT9QMDHPC a58rB4slHLB3xI9S7/4h0t4HWF7rrSqAUMITeLe0= To: sterlingwhg@gmail.com Message-ID: Date: Wed, 27 Mar 2024 17:29:18 +0000 Content-Type: multipart/alternative; boundary="_----NDPVBvqdgOrZ18wp+dE7tA===_AB/AE-39015-E6754066" MIME-Version: 1.0 Reply-To: newsletters@thestreet.com Subject: Meme stocks are back as Trump Media surges, GameStop crashes, Reddit soars X-Campaign-ID: 9413546 List-Unsubscribe: , From: "TheStreet Daily" X-Message-ID: 10d0ab34bee34e9c8983f34f2a8e29d1 X-Feedback-ID: 12441595:9413546:40965:iterable Feedback-ID: 12441595:9413546:40965:iterable X-Spam-Status: No, score=0.8 X-Spam-Score: 8 X-Spam-Bar: / X-Spam-Flag: NO --_----NDPVBvqdgOrZ18wp+dE7tA===_AB/AE-39015-E6754066 Content-Transfer-Encoding: quoted-printable Content-Type: text/plain; charset="UTF-8" Stock Market Today: Stocks rebound as markets eye looming inflation test = =0A=0A=0A=0A=0A=0A=0A=0A =0A=0A=0A=0AWednesday,= March 27, 2024=0A=0A=0A=E2=80=8A=0A=0A=0A=0A=0A=0A=0A=0A=0ABack to the fut= ure. Meme stock mania is staging a comeback. Reddit, the home =0Aof WallStr= eetBets, the group behind Meme Frenzy 1.0, kicked things off, =0Arallying f= rom its $34 IPO price to an intraday high of $70 on Tuesday. The =0Amania s= pread. After a SPAC merger, shares in Trump Media & Technology =0Askyrocket= ed 113% through yesterday=E2=80=99s intraday peak. What do they share in = =0Acommon=3F Neither is profitable.=0A=0A=0APlug pull=3F Fisker failed to i= nk a deal with a white knight, putting its future =0Ain jeopardy. The EV au= tomaker's shares are being delisted by the NYSE and =0Atrading has been sus= pended. Management is slashing prices of its Ocean model to =0Atry to gener= ate cash flow, but bankruptcy signs are flashing brightly absent a =0Adeal.= =0A=0A=0A=0A =F0=9F=93=A2 Cathie Wood buys $48 million of embattled tech st= ock =0A =F0=9F=93=A2=0A=0A=0A Deal du jour. 3M=E2=80=99s healthcare spinoff, So= lventum, will begin trading on April =0A1 (not an April Fool). The new comp= any generated revenue of $8.2 billion last =0Ayear. Investors get one Solve= ntum share for each 3M share owned on March 18. 3M =0Aretained a 19.9% owne= rship of the new company, which will trade under the =0Asymbol SOLV.=0A=0A= =0A Solid showing. With one day left of trading this quarter (markets are c= losed =0AFriday), the S&P 500, Nasdaq 100 and Russell 2000 are poised for s= olid =0Ashowings. As of 1pm EDT, their first-quarter returns are 9.4%, 8.8%= , and 3.6% =0Arespectively.=0A=0A=0A=0A- Todd Campbell=0A=0A=0A=0A=0AYOU NE= ED TO KNOW THIS=0A=0A=0A=0A=0A =0A=0A= =0AMeme stocks are back as Trump Media surges, GameStop crashes, Reddit soa= rs =0A=0A=0A=0AMeme stocks are back, ba= by! But not all of them are headed "to the moon!"=0A=0AGO TO ARTICLE =0A=0A=0A=0A=0A=0A =0A=0A=0A =0A=0A=0A= =0A=0A=0AEDITOR'S PICKS=0A=0A=0A=0A=0AMarkets =F0=9F=93=89=0A=0A=0A=0AStock= Market Today: Stocks rebound as markets eye looming inflation test=0A=0AWa= ll Street looks set to snap a three-day losing streak ahead of key inflatio= n =0Adata later in the week.=0A=0AGO TO ARTICLE =0A=0A=0A=0AKara Swisher talks predictions on technology, Fac= ebook, Amazon=0A=0ASwisher, a leading technology journalist, has compelling= words in a discussion =0Awith TheStreet.=0A=0AREAD MORE =0A=0A=0A=0A=0AInvesting =F0=9F=92=B0=0A=0A=0A=0AAnalyst unveils new = Super Micro Computer stock price target=0A=0AHere's what could happen to Su= per Micro Computers' shares next.=0A=0AKEEP READING =0A=0A=0A=0AUnited Airlines makes a baggage change passengers will like=0A= =0AThe airline said it is already "seeing an increase in gate and boarding = =0Asatisfaction."=0A=0AGO TO ARTICLE =0A=0A=0A=0A=0AWinners & = Losers =F0=9F=93=89=0A=0A=0A=0AAnalysts adjust their Disney stock price tar= gets ahead of proxy fight=0A=0AThis is what could happen next to Disney sha= res.=0A=0AREAD MORE =0A=0A=0A=0AAnother= major radio chain files Chapter 11 bankruptcy=0A=0AThe future of local rad= io has become a big question in many markets.=0A=0AKEEP READING =0A=0A=0A=0A=0A=0A=0A=0A=0A =0A= =0A =0A=0A =0A=0A=0A=0A=0APREMIUM PICKS: TIPS FROM THE EXPERTS =F0=9F= =94=91=0A=0A=0A=0A=0A=0A=0A=0AIs OPEC+ Ready to Start Celebrating=3F=0A=0AT= he cartel may be cheering now, but if the U.S. enters a recession, prices m= ay =0Anot be able to hold up and they will not be able to cut any more.=0A= =0A=0A=0AKEEP READING =0A=0A=0A=0A=0A=0A=0A=0AWhat Insiders Are Still = Buying in a Frothy Market=0A=0AWhile few and far between right now, these n= ames have recently seen =0Asignificant insider purchases.=0A=0A=0A=0AKEEP R= EADING =0A=0A=0A=0AUNLOCK PREMIUM INSIGHTS =0A =0A=0A=0A=0A=0A=0A=0ASIGN = UP FOR MORE NEWSLETTERS=0A=0A=0ATech Stocks Roundup =0A=0AGet the latest news and performance numbers on the to= p technology stocks.=0A=0AWeekly, Tuesdays=0A=0A=0A=0ALift Off =0A=0AA newsletter for those looking to get the= ir investment journey off the ground.=0A=0AWeekly, Fridays=0A=0A=0A=0AWant = to sponsor future newsletters from TheStreet=3F Contact =0Atim.kolenda@thea= renagroup.net for more =0Ainformatio= n!=0A=0AVIEW ALL NEWSLETTERS =0A=0A= =0A=0A=0A =0A=0A=0A=0A=0A=0A =0A =0A =0A=0AYou can update your preferences or=0Aunsubscribe from this list =0A=0A.=0A=0A=0A=0ATerms of Use | Privacy Policy =0A=0A=0A=C2=A92024 TheStreet, Inc.=0A=0A200 Vesey Street, 24th Flo= or, New York, NY 10281=0A=0A=0A=0A=0A=0ATheStreet is a personal finance edi= torial news platform meant to provide its =0Ausers with content for educati= onal and informational purposes only. TheStreet =0Ais not an investment bro= ker or a financial advisor, and does not give =0Afinancial, legal, tax or p= ersonalized investment advice.=0A=0A=0A=0A=0A=0A=0A =0A --_----NDPVBvqdgOrZ18wp+dE7tA===_AB/AE-39015-E6754066 Content-Transfer-Encoding: quoted-printable Content-Type: text/html; charset="UTF-8" =0D=0A
3D""/
=0D=0AStock Market Today: Stocks rebound as markets eye loom= ing inflation test
3D"TheStreet
=
<= tr style=3D"box-sizing: border-box;">

Wednesday, Mar= ch 27, 2024

 
=
<= div style=3D"box-sizing: border-box; font-family: Roboto,Tahoma,Verdana,Seg= oe,sans-serif; text-align: center;" align=3D"center">

Back to the future. Meme stock mania is staging a comeback. Reddit, the home of WallStre= etBets, the group behind Meme Frenzy 1.0, kicked things off, rallying from = its $34 IPO price to an intraday high of $70 on Tuesday. The mania spread. = After a SPAC merger, shares in Trump Media & Technology skyrocketed 113% th= rough yesterday=E2=80=99s intraday peak. What do they share in common=3F Ne= ither is profitable.

=
Plug pull=3F Fisker failed to ink a deal with a white k= night, putting its future in jeopardy. The EV automaker's shares are being = delisted by the NYSE and trading has been suspended. Management is slashing= prices of its Ocean model to try to generate cash flow, but bankruptcy sig= ns are flashing brightly absent a deal.

 

=F0=9F=93=A2   Cathie Wood buys $4= 8 million of embattled tech stock    =F0=9F=93=A2


Deal du jour. 3= M=E2=80=99s healthcare spinoff, Solventum, will begin trading on April 1 (n= ot an April Fool). The new company generated revenue of $8.2 billion last y= ear. Investors get one Solventum share for each 3M share owned on March 18.= 3M retained a 19.9% ownership of the new company, which will trade under t= he symbol SOLV.


= Solid showing. With one day left of trading this quarter (markets= are closed Friday), the S&P 500, Nasdaq 100 and Russell 2000 are poised fo= r solid showings. As of 1pm EDT, their first-quarter returns are 9.4%, 8.8%= , and 3.6% respectively.

 

- Todd Campbell

YOU NEED TO KNOW THIS

<= tr style=3D"box-sizing: border-box;">

Meme stocks are back, baby! But not all of them= are headed "to the moon!"

<= /table>

<= span style=3D"box-sizing: border-box; font-size: 24px; color: #ffffff;">EDI= TOR'S PICKS

Markets =F0=9F=93=89

Stock Market Today: Stocks rebound as= markets eye looming inflation test

Wall Street looks set to snap a three-day losing streak ahead of key infla= tion data later in the week.

= GO TO ARTICLE

Kara Swisher talks= predictions on technology, Facebook, Amazon

Swisher, a leading technology journalist, has compelling words in = a discussion with TheStreet.

READ MORE

Investing= =F0=9F=92=B0

Analyst unveils new S= uper Micro Computer stock price target

Here's what could happen to Super Micro Computers' shares next= .

KEE= P READING

United = Airlines makes a baggage change passengers will like

The airline said it is already "seeing an increase in gate= and boarding satisfaction."

<= table class=3D"button_block block-7" width=3D"100%" border=3D"0" cellpaddin= g=3D"0" cellspacing=3D"0" role=3D"presentation" style=3D"box-sizing: border= -box; mso-table-lspace: 0; mso-table-rspace: 0;">
GO TO = ARTICLE
=

Winners & Losers =F0=9F=93=89

Analysts adjust their Disney stock price targets ahead o= f proxy fight

This is what could ha= ppen next to Disney shares.

READ MORE

Anot= her major radio chain files Chapter 11 bankruptcy

The future of local radio has become a big question in many = markets.

KEEP READING
=

<= tr style=3D"box-sizing: border-box;">

PREMIUM PICKS: TIPS FROM THE EXPERTS =F0=9F= =94=91

<= /td>
<= tr style=3D"box-sizing: border-box;">
=

Is OPEC+= Ready to Start Celebrating=3F

The cartel may be cheering now, but if the U.S. enters a rece= ssion, prices may not be able to hold up and they will not be able to cut a= ny more.
KEEP READING

What Insiders Are Still Buying in a Frothy Mar= ket

While few and= far between right now, these names have recently seen significant insider = purchases.

<= /tr>
= KEEP READING
UNLOCK PREMIUM INSIGHTS=
=

SIGN UP FOR MORE= NEWSLETTERS

Tech Stocks Roundup=

Get the la= test news and performance numbers on the top technology stocks.

<= p style=3D"box-sizing: border-box; line-height: inherit; margin: 0; font-si= ze: 15px; text-align: left; mso-line-height-alt: 22.5px;">Weekly, Tuesdays

 

<= u style=3D"box-sizing: border-box;">Lift Off

A newsletter for those looking t= o get their investment journey off the ground.

 

Want to sponsor future newsletters from TheStreet=3F Conta= ct tim.kolenda@thearenagro= up.net for more information!

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