“I say they should never have come public, but in many cases they shouldn’t even exist,” the “Mad Money” host said.
CNBC's Jim Cramer said Friday that several tech firms that came public in recent years are beginning to realize their missteps, and warned investors to take their dollars elsewhere.
"The companies out here in San Francisco have only just begun to realize that they over-expanded and, in many cases, some of these companies should never have come public," the"Mad Money" host said. CNBC's Jim Cramer said Friday that several tech firms that came public in recent years are beginning to realize their missteps, and warned investors to take their dollars elsewhere.
"The companies out here in San Francisco have only just begun to realize that they over-expanded and, in many cases, some of these companies should never have come public," the""Especially for the most bogus companies that were invented in the last three years, I say they should never have come public, but in many cases they shouldn't even exist. Harsh? Maybe, but I'm trying to help you preserve your capital," he added.
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