Happy Fri-yay!

The weekend is finally here, but before we get to celebrating and kicking off pre-New Year festivities, here's a recap of what you're missing on TheStreet.

U.S. markets experienced another sour day of trading Friday in a session marked by high volatility as all three major indices closed trading in negative territory. Friday's session marked the end of a two-day rally that saw the Dow jump 1,300 points.

In spite of Friday's selloff, this week was the first time in December that stocks ended the week in positive territory. Monday will be the last day of trading in a tumultuous 2018, reported TheStreet's Tony Owusu.

The Dow Jones Industrial Average (^DJI) fell 0.33%, or 76 points to 23,062, while the S&P 500 (^GSPC) fell 0.12% and the Nasdaq (^IXIC) was able to eke out a gain of 0.08%.

Dell's Back on the Table

Dell is back at the New York Stock Exchange.

TheStreet's tech columnist, Eric Jhonsa broke down whether or not Dell (DELL) - Get Report is a worthy investment.

Dell Technologies is on better competitive footing than when its stock last traded on public markets back in 2013, and its current valuation isn't especially high.

However, several of the IT giant's businesses are likely to see their top-line growth slow meaningfully in 2019, and some of them are also contending with long-term growth pressures. And with the recent market selloff having produced discount valuations for many tech names with strong long-term growth profiles, investors might want to look elsewhere for now.

Following the closing of a cash-and-stock deal to buy out holders of its DVMT tracking stock -- it represented a 53% economic interest in virtualization software giant VMware (VMW) - Get Report  -- Dell's Class C shares began trading on the NYSE on Friday. Shares opened at $46.00, and was trading at $45.43 when the market closed. 

With Dell stating it has 754.9 million shares outstanding after the close of the DVMT deal and $44.4 billion in net debt (cash minus debt) as of Nov. 2, the company currently sports a market cap of about $34 billion and an enterprise value of slightly over $78 billion.

That $78 billion enterprise value covers not only Dell's fully-owned businesses, but also an 80% stake in VMware and sizable positions in Pivotal Software (PVTL) - Get Report  and security software and services firm SecureWorks (SCWX) - Get Report . Dell's stake in VMware, is officially worth $52.1 billion, while its stakes in Pivotal and SecureWorks are worth $2 billion and $1.1 billion, respectively.

The Bid for Aphria

Here's what Owusu reported

Cannabis is hot once again after Xanthic Biopharma, which does business under the name Green Growth Brands, made an unsolicited $2.1 billion bid to Canadian cannabis company Aphria Inc (APHA) - Get Report

Aphria said Friday that the bid "significantly undervalues" the company, which currently has a market capitalization of $1.544 billion. Aphria debuted on the New York Stock Exchange in October.

"While we appreciate GGB's interest in the value we have created at Aphria and our significant growth prospects, their proposal falls short of rewarding our shareholders for participating in such a transaction," Aphria Chairman Irwin Simon said in a statement. "Further, the proposed offer is quite risky given GGB's condition to complete a brokered financing at a price that is more than double the recent average of their share price, as a key term to the proposal."

Tesla's Newest Board Members

TheStreet's Martin Baccardax reported about Tesla's (TSLA) - Get Report newest board members. 

Tesla named Larry Ellison and Kathleen-Wilson Thompson to the company's board of directors Friday morning.

Telsa said Ellison, the current executive chairman and chief technology officer of Oracle Corp., (ORCL - Get Report) was added to the board effective yesterday, as was Wilson-Thompson, the global head of human resources at Dow component Wallgreens Boots Alliance WBA.

"In conducting a widespread search over the last few months, we sought to add independent directors with skills that would complement the current board's experience," Tesla said. "In Larry and Kathleen, we have added a preeminent entrepreneur and a human resources leader, both of whom have a passion for sustainable energy."

The Board additions were part of a settlement reached earlier this year between Elon Musk and the Securities and Exchange Commission that allowed him to remain CEO of the company he founded but forced him to step down as chairman of the board.

Musk reached at settlement with the SEC just two days after authorities said he had made false and misleading" statements on August 7 when he told his 22.7 million Twitter followers that he had "funding secured" to take the clean-energy carmaker private at a price of $420 per share.

Musk agreed to pay $20 million -- while Tesla agreed to pay the same amount -- to the SEC in exchange for Musk's departure from the board and the naming of two new independent directors and a chairman.