Stocks Plunge, Bed Bath & Beyond CEO, UPS CEO & SoFi CEO

Mad Money w/ Jim Cramer

CNBC

News, Investing, Business

4.3 • 4K Ratings

🗓️ 28 October 2020

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Dow plummeted for a third consecutive day, tumbling 943 points, and Jim Cramer is breaking down this week's volatility and what it means for investors. Then, Bed Bath & Beyond CEO Mark Tritton joins Cramer after the company's investor day to take a closer look at the company's plans for restructuring. Then, UPS CEO Carol Tome checks in fresh off of earnings to dig deeper into the most recent quarter. Plus, SoFi made its mark in the digital payment space and where could it go? CEO Anthony Noto discusses new developments, competing with bigger financial institutions and more.

Transcript

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0:00.0	My mission is simple.
0:03.0	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 at Summer
0:10.0	and I promise to help you find it.
0:12.0	Man money starts now.
0:20.0	Hey, I'm Kramer.
0:21.0	Welcome to Man Money.
0:22.0	Welcome to Kramer America.
0:23.0	I would be willing to make friends
0:24.0	just trying to save you some money.
0:26.0	My job is not just to entertain
0:27.0	but to put days like today in the context
0:29.0	of Kualmi and 1-800-743-CBC
0:32.0	or tweet me at Kramer.
0:34.0	Don't you just want to cut and run
0:37.0	after a hideous day like today
0:40.0	with a Dow plunge 943 points?
0:43.0	S&P plummeted 3.5, 3%
0:46.0	and then as I know,
0:49.0	it's like 3.73%.
0:52.0	Wouldn't it be liberating
	...

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