Squawk on the Street
The "Peace Talks Rally," FedEx CEO to Step Down, Meme Stock Madness After AMC Soars, and Nielsen to Go Private in a Buyout. 3/29/22
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Show notes
Carl Quintanilla, Jim Cramer and David Faber focused on the stock market rallying after one of Russia's top negotiators called peace talks with Ukraine "constructive." The anchors also reacted to news that FedEx founder Fred Smith will step down as CEO in June and be succeeded by COO Raj Subramaniam. Meme stock madness once again in the spotlight after shares of AMC soared on Monday: GameStop and AMC each more than doubling in the past two weeks. Also in focus: Nielsen Holdings agrees to be taken private in a deal valued at $28 per share or $16 billion including debt, WTI crude falls below $100, and should Disney become a meme stock? Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com
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