Bumble reported net earnings of $323.4 million, or $1.69 a share vs.
“If you own the turbocharged growth stocks, be prepared to take the pain or cut your losses at the next rally, Jim Cramer warned his Mad Money viewers on another awful day for the markets,” wrote TheStreet’s Scott Rutt in his Mad Money recap.
“For a list of the stocks hardest hit by this multiple contraction, look no further than Cramer’s “Woodstocks,” a list of stocks owned by Cathie Wood’s ARK Invest.
“For his second “Executive Decision” segment, Cramer also spoke with Matt Maddox, CEO of Wynn Resorts – Get Report, and Bill Foley, founder of Austerlitz Acquisition Corp I, to learn more about the company’s plan to spin off their online sport betting business into a separate entity,” Rutt wrote.