A Stealthy Social Stock Climber and an Energized Energy Trade

CNBC's "Fast Money"

CNBC

Business, Investing, News

4.3 • 1.2K Ratings

🗓️ 23 June 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

Big tech may be in focus on Capitol Hill today, but there’s another social stock that’s been on a stealth rally over the last few months. We tell you where it’s going from here. And with crude oil at its highest level in almost three years, is it too late to get in on the energy trade?

Transcript

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0:00.0	Live from the Nasdaq market site overlooking New York City's Times Square, this is Fast
0:05.9	Money.
0:06.9	I'm Courtney Reagan filling in for Melissa Lee tonight.
0:09.2	And tonight's Trader lineup, we have Guy Adami, Dan Nathan, and Tim Seymour.
0:13.4	Tonight on Fast, Big Tech Under Fire, not one, not two, but six anti-trust bills hitting
0:18.9	the House floor today.
0:20.4	But will they have any impact on the industry and will investors care?
0:24.5	Plus, fuel up gains.
0:26.8	Third oil posting, it's highest close in nearly three years, and bringing the energy sector
0:32.2	along with it.
0:33.2	But does the rally continue from here, and what's the best way to play it if so, and we've
0:38.0	got a Trader Triple Play from the streaming wars to a burger bananza.
0:42.5	I will bring you the three headlines that got stocks moving in a big way today.
0:46.9	But we start with the stealth rally for Twitter, the social stock flying for a fifth straight
0:53.2	day.
0:54.2	Raising the losses since its last earnings report, it's also now up more than 30% from
0:59.0	its may lows.
1:00.0	And I wasn't the only social stock climbing today.
1:02.7	Check out the moves in Snap, Yelp, Pinterest, and Match Group.
1:06.8	Guy, you've been watching this move in Twitter.
1:08.9	What do you make of it?
1:09.9	Stealth, I didn't even realize the moves.
	...

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