Chip Stock Rockets 568% in NYSE Debut 🚀

The market snapped a three-day losing streak on Wednesday, and several stocks notched 100%+ gains.                                                                                                                                                                                                                                                                                                                                                                                                                 March 27, 2024 | [Read Online]( Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. Here’s what moved the market today. Markets 📈 The market snapped a three-day losing streak on Wednesday, led by a big rally in the DJIA and small-cap Russell 2K. - DJIA [+1.2%] - S&P 500 [+0.8%] - Nasdaq [+0.5%] - Russell 2K [+1.8%] [New AI Stock Payouts]( (ad) One brand-new weekly profit strategy is taking the gains from these AI stocks to an entirely new level this year. Research shows that one stock could have produced a top gain of 2,614%... which would have been enough to turn a mere $1,000 investment into $23,069 within just 10 days! The next opportunity to take advantage of this new strategy will be next Monday. [Watch this presentation before it’s too late!]( » Want an Ad-Free Experience + Top Growth Stock Picks? [Upgrade Now!]( Market-Moving News 🔎 © bitcoinsistemi.com 🏛️ Coinbase Faces SEC Lawsuit as Motion to Dismiss Fails A pivotal ruling by U.S. District Judge Katherine Polk Failla has put Coinbase [COIN -3.7%] in the spotlight, denying the cryptocurrency exchange's attempt to dismiss an SEC lawsuit. The Securities and Exchange Commission's case, asserting that Coinbase violated investor-protection laws by operating without proper registration, will now proceed. Mixed Outcomes for Coinbase ⚖️ While the judge dismissed allegations of Coinbase acting as an unregistered broker via its crypto wallet, the exchange still faces accusations related to its staking program and unregistered securities activities. This nuanced decision underscores the ongoing regulatory scrutiny over crypto platforms. SEC Gains Ground 📈 The ruling marks a significant win for the SEC, allowing it to advance its case into the discovery phase. With Coinbase shares dipping over 2% following the announcement, the financial implications are immediate. The SEC voiced satisfaction, emphasizing the enduring applicability of traditional securities identification frameworks to the crypto sector. Coinbase's Response 🗣️ Coinbase's Chief Legal Officer, Paul Grewal, expressed readiness to engage with the legal process, aiming to shed light on the SEC's stance on crypto regulations. As the case unfolds, Coinbase remains at the center of a pivotal legal and regulatory dialogue shaping the future of cryptocurrency exchanges in the U.S. Top Winners and Losers 🔥 GCT Semic [GCTS] $44.00 (+568.6%) rallied in its first day of trading since becoming a public company, after closing of a SPAC deal with Concord Acquisition III earlier this week. iBio [IBIO] $3.36 (+192.1%) entered into a collaboration agreement with AstralBio to develop antibodies to treat obesity & other cardiometabolic conditions. Cazoo Grp [CZOO] $12.56 (+100.9%) rallied for the second day in a row despite no obvious news. Direct Digital [DRCT] $16.04 (39.4%) fell after reporting disappointing Q4 & full-year 2023 results in Tuesday’s aftermarket. Ryvyl [RVYL] $2.78 (32.2%) reported a wider-than-expected Q4 loss of $(1.17) per share, despite beating the Street’s revenue target/ LuxUrban Hotels [LUXH] $1.50 (29.9%) provided preliminary unaudited Q4 and full-year 2023 financial results in Thursday’s aftermarket that disappointed the market. 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](