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Mad Money w/ Jim Cramer

Know Your IPO: Lemonade, Biohaven CEO & StockX CEO

Mad Money w/ Jim Cramer

CNBC

Investing, Business, News

4.34K Ratings

🗓️ 15 July 2020

⏱️ 47 minutes

🧾️ Download transcript

Summary

Lemonade, the tech-focused homeowner and rental insurance company, came public in early July, and now that the stock has cooled off, Jim Cramer's digging into the deal and giving you his take on this recent IPO. Then, after announcing a partnership with Khloe Kardashian, Cramer's checking in with the CEO of Biohaven Pharmaceuticals to learn more about its pipeline and what the company has planned after sharing this latest news. Plus could trading go beyond the stock market? Cramer's checking in on the red-hot shoe trading market and learning more from the CEO of private-player, StockX.

Transcript

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0:00.0

My mission is simple to make you money.

0:05.0

I'm here to level the playing field for all investors.

0:08.0

There's always a more work in summer,

0:10.0

and I promised to help you find it.

0:12.0

Man money starts now.

0:16.0

Hey, I'm Kramer.

0:18.0

Welcome to Man Money. Welcome to Kramer America.

0:20.0

I'll be a one-way friend since I'm trying to make some money.

0:22.0

My job is not just to entertain,

0:24.0

but to teach and put it all in context.

0:26.0

So call me at 1-800-743-CMBC,

0:28.0

or of course, tweet me at Jim Kramer.

0:32.0

We can finally see the light at the end of the tone,

0:35.0

but unfortunately we're separated from that light by a big chasm.

0:38.0

And if we can't bridge that chasm,

0:40.0

then you gotta look up below.

0:42.0

That's just terrific vaccine news from the highly promotional Moderna.

0:45.0

The average is worth to dial gaining 228 points.

0:48.0

That's a big climbing point.

0:49.0

Now I want to say, now it's that advancing 0.59% big tech holding back here.

0:53.0

Despite the horrendous COVID-19 case numbers coming out of Florida,

0:56.0

Texas, California, Arizona,

...

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