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A string of corporate mergers help provide insight into this market, Jim Cramer says

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CNBC's Jim Cramer advises investors not to be 'too negative' the next time the market sells off, given the string of corporate acquisitions announced on Monday.

, paying $88 per share in cash, for biotech company Immunomedics to expand its cancer treatments. Immunomedics shares nearly doubled during the session to close at $83.65. The stock closed Friday at $42.25.for mobile phone chip manufacturer Arm Holdings. Despite what Cramer believed to be a high purchase price, Nvidia shares rallied almost 6% to $514.89 on the news.highly watched bid for TikTok's U.S.

with ByteDance in China. The deal will make Oracle an American technology partner and give the company a big interest in the video platform. "What matters here is that the market has spoken. Big-time hedge-fund managers may come on our air and say that stocks are too high, maybe even dangerous, that we're in a bubble," Cramer said. "But big companies tend to know their own industries, and they seem to think many stocks are undervalued or reasonably valued."

 

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Here's what happened to the stock market on MondayA flurry of corporate deals and renewed hope around a coronavirus vaccine led to a broad market rally on Monday. Another bullrun stempedes the WS on the calculation of how the WS grabs the possible $1T package. On top, Biden will demolish crazy trump's paranoid of foreign market in his WH closet with kudlow chicken. Let's hope the markets continue to show improvements in all sectors. Volatility will always be on the minds of investors and traders as a bounce back looks possible in the upcoming months remaining in 2020!
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