Stocks to Watch Tuesday: Truth Social, Micron, GameStop, BuzzFeed -- WSJ

Dow Jones03-26

By Chelsey Dulaney

Truth Social (DJT): Donald Trumps social-media entity is set to start trading Tuesday after its merger with shell company Digital World Acquisition Corp. $(DWAC)$. Truth Social's parent, called Trump Media & Technology Group, rallied 17% in premarket trading.

Coinbase $(COIN)$ and MicroStrategy $(MSTR)$: The crypto-linked companies' shares gained as bitcoin rallied back above $70,000.

Micron Technology $(MU)$: The company's shares continued to climb premarket, after closing at a record high on Monday. The memory-chip maker is viewed as a key potential winner from the AI boom.

BuzzFeed $(BZFD)$: Shares of the struggling media company fell 12% premarket after it reported that revenue slid last year, and forecast a double-digit decline for this quarter.

Food company McCormick $(MKC)$ and day-trader favorite GameStop $(GME)$ are set to report earnings.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

March 26, 2024 05:26 ET (09:26 GMT)

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