Stock Rally Fizzles in Late Trading 📉

[Image](www.elitetrade.club) Good Afternoon! Hey, everyone. It's Adam from Elite Trade Club. Today is Thursday, March 23rd. I hope you had a great day in the market. Here's what moved the market today: Markets 📈 Stocks opened the session higher and proceeded to rally through to the mid-day. However, U.S. benchmarks retreated from their intraday highs in late-session trading, though most managed to close the day higher. The Nasdaq [+1.0%], Dow [+0.2%], and S&P 500 [+0.3%] posted modest gains, while the small-cap Russell 2K [-0.2%] edged lower on the session. Sponsored [Less than Five Bucks?! 💵]( Did you know that low-priced "penny" stocks offer a great way to make money, regardless of the direction of the markets as a whole? These top 4 penny stocks could be poised to soar... The best part is... they're trading for $5 a share or less. [Click Here for the Names & Ticker Symbol.]( Today's Market-Moving News 🔎 💷 Bank of England Follows Fed Matching a move announced one day earlier by the Federal Reserve, Britain's central bank, The Bank of England, announced a 0.25% rate hike for March. It's yet another sign that the world's central banks are taking the inflation seriously, and they're willing to make moves that could hinder their economy in the short-term in order to rein in the threat. Today's Top Winners and Losers 🔥 Trupanion [TRUP] $41.19 (-26.7%) Trupanion announced its chief financial officer, Drew Wolff, will step down from his position effective June 1st in order to pursue other interests. Cidara Therapeutics [CDTX] $1.43 (-24.7%) Cidara Therapeutics reported a Q4 loss of $(0.19) per share on revenues of $10.22 million, falling short of the consensus estimates of a $(0.17) per share loss on $10.57 million in revenues. Via Renewables [VIA ://elitetra.de/L2Ic ] $16.20 (-22.9%) Via Renewables has been in free fall since announcing a one-for-five reverse stock split earlier this week. The split took effect at the open on Wednesday, and shares are down substantially since then. DiamondHead Holdings [DHHC] $18.92 (+82.6%) On Wednesday, DiamondHead announced that it a group of investors agreed to invest $80 million in the company via convertible notes. FiscalNote [NOTE] $2.38 (+75.0%) OpenAI has selected FiscalNote as one of 14 inaugural "trusted partners" who will offer plug-ins for its ChatGPT platform. Jaguar Health [GME] $1.13 (+39.5%) Jaguar Health rallied one day ahead of its expected earnings release. The company is scheduled to publish its Q4 2022 results tomorrow. 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 P.S... Text ELITE to 47121 to get our watchlists sent directly to your phone! You can also text CLOSE to 47121 to get the Closing Bell Roundup, too! *Standard message/carrier rates may apply. © Elite Trade Media LLC, 2023. All rights reserved. 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. 1969 S. ALAFAYA TRAIL Orlando FL 32828 USA [Unsubscribe]( | [Change Subscriber Options](