Slide continues in weekly opener 📉

Stocks extended Friday's slide into a new trading week after U.S. indexes notched another day of declines on Monday.                                                                                                                                                                                                                                                                                                                                                                                                                 March 25, 2024 | [Read Online]( Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. Here’s what moved the market today. Markets 📈 The stock market continued to downtrend on Monday, extending its slide from Friday’s session. The small-cap Russ2K notched a small gain. - DJIA [-0.4%] - S&P 500 [-0.3%] - Nasdaq [-0.2%] - Russell 2K [+0.1%] [Unlock 3 Weekly Trades with Massive Gain Potential!]( (Ad) Exclusive: A hidden banking algorithm has been pinpointing trades with the potential to double or even triple your investment weekly! Don't miss out on the next big surge. Limited spots open for investors eager to transform their portfolio. Act now to get in on these high-potential trades - before it's too late! [Click to reveal the secret to explosive weekly gains.]( » Want an Ad-Free Experience + Top Growth Stock Picks? [Upgrade Now!]( Market-Moving News 🔎 🇺🇸 Trump’s Truth Social to Trade as DJT on NASDAQ Trump Media & Technology Group Corp., owning the Truth Social app, is set to debut under the ticker symbol DJT on NASDAQ this Tuesday. The move follows a successful merger with Digital World Acquisition Corp (DWAC), marking a significant step for former President Donald Trump’s foray into social media. Shareholders Greenlight Merger 🤝 The merger, approved by a majority of DWAC shareholders, was finalized Monday, catalyzing a 25% surge in DWAC's share price. This rebound recouped losses experienced post-approval last Friday, spotlighting investor optimism around the new public entity. Trump's Major Stake 🚀 Trump, holding a majority stake of at least 58%, sees his interest in the company now valued at $3 billion or more, based on Monday's share prices. However, regulations prevent him from selling any shares for the next six months. Leadership and Vision Forward 🔍 Devin Nunes remains at the helm as CEO of Trump Media, with the existing management team continuing to lead. The company aims to challenge Big Tech's dominance on the internet, promising to be a bastion for free speech and a counter to increasing censorship efforts. Board Dynamics Shift 🔄 With the transition to a public company, former DWAC CEO Eric Swider will join Trump Media as a director, enhancing the strategic oversight as the company pursues its ambitious goals. Top Winners and Losers 🔥 Landos Bio [LABP] $21.40 (+173.3%) agreed to be acquired by AbbVie [ABBV <0.1%] for $20.42 per share in a $137.5 million all-cash deal. Digital World SPAC [DWAC] $49.95 (+35.2%) will begin trading under ticker symbol DJT and change its name Trump Media & Technology Group on Tuesday, following the SPAC’s successful merger with the TRUTH Social parent. Altamira Therap [CYTO] $2.35 (+35.8%) announced a collaboration with Univercells Group to assess the SemaPhore platform for mRNA vaccine delivery. TRxADE Health [MEDS] $9.51 (40.8%) suffered a major pullback after it paid out a special dividend of $8 per share late last week. Australian Oilseeds [COOT] $1.73 (30.2%) fell after its recent SPAC merger with Edoc Acquisition Corp. Vimeo [VMEO] $3.95 (27.2%) took sharp losses despite no apparent news to explain the move. Earlier this month, the company was reportedly discussing financing with several banks. That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback from our members! Thanks for reading. I'll see you at the next open! Best Regards, — Adam G. Elite Trade Club Text ELITESTOCKS to 47121 or [click here]( to get our alerts on your mobile device, and never miss another fast-moving stock! P.S. Just like this newsletter, it's 100% free*, and you can stop at any time by replying STOP. [Sign Up for Mobile Alerts Now]( [tw]( [ig]( [yt]( [tk]( *Standard message/carrier rates may apply. Legal Stuff: Stocks featured in this newsletter are for entertainment purposes only. You should not base any investment decisions on information contained in my newsletter. Stocks featured in this newsletter may be owned by owners/operators of this website, which could impact our ability to remain unbiased. Please consult a financial advisor before making any trading decisions. I may earn a small commission from links placed inside these emails. [Privacy Policy]( | [Terms of Service]( Update your email preferences or unsubscribe [here]( © 2024 Elite Trade Media LLC 1969 Alafaya Tr., Suite #247 Orlando, Florida 32828, United States of America [[beehiiv logo]Powered by beehiiv](