News Formal

Cramer: Snowflake IPO double reveals 'very little discipline' in market and 'does not bode well'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

.MadMoneyOnCNBC's jimcramer cited Snowflake’s double on its first day of public trading as a concern for the stock market. Subscribe to CNBCPro for the full discussion and more:

's double on its first day of public trading as concerning for the stock market, which has soared in recent months after a major coronavirus-driven sell-off earlier this year.

"I think that the amount of money that the institutions had to spend to be able to get their second half of Snowflake after they get their first part on the IPO shows that there is very little discipline," Cramer said on

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

MadMoneyOnCNBC jimcramer Pro Don't be a Snowflake Cramer

MadMoneyOnCNBC jimcramer Pro Oh please

MadMoneyOnCNBC jimcramer Pro Why is Cramer still on the air, after his deplorable slight of SpeakerPelosi ?

Sverige Senaste nytt, Sverige Rubriker