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CNBC's "Fast Money"

Fast Money - 03/29/21

CNBC's "Fast Money"

CNBC

Business, Investing, News

3.91.3K Ratings

🗓️ 29 March 2021

⏱️ 44 minutes

🧾️ Download transcript

Summary

Listen to our traders take you behind the money...how to play the volatility...pops and drops and the movers you missed. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0

I'm Alyssa Lee and this is Fast Money.

0:03.2

Tonight's Trader Line up.

0:04.0

Guy Dommi, Tim Seymour, Karen Feinerman, and Dan Nathan tonight on Fast, a Tiger Cup

0:08.3

gets declawed and it is taking down shares of some of the biggest Chinese stocks that

0:12.3

trade here in the US.

0:13.5

What is behind the selling?

0:14.8

Could it be overdone?

0:15.8

Plus, two social media stocks taking flight today will dig into the big moves and Facebook

0:20.2

and Twitter and bring up the trades.

0:21.5

And later, music's new frontier, why real opportunity for NFTs may lie not in the

0:26.5

art world, but on tour.

0:28.7

We start off with a big blow up at Artegos, some of the shares of its biggest holdings,

0:33.0

Bip Shop, Viacom, CBS Far Affetch, Discovery, Baidu, all down again today for more on what

0:38.2

happened at the fund.

0:39.2

Let's get straight to Leslie Picker less.

0:41.8

Hey, Melissa, this is a story that for many on Wall Street or those who watch it closely,

0:47.4

well they say it defies logic.

0:49.6

Before Friday, most people had never heard of Artegos' capital management.

0:53.6

It's a family office managed by Bill Huang.

0:55.8

He made headlines in 2012 after paying a multi-million dollar fine to settle an insider

1:01.0

trading case while running Tiger Asia.

1:03.6

But other than that, Huang flew under the radar.

...

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