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Mad Money w/ Jim Cramer

Take-Two Interactive CEO, Planet Fitness CEO & Danny Meyers 8/9/22

Mad Money w/ Jim Cramer

CNBC

Investing, Business, News

4.34K Ratings

🗓️ 10 August 2022

⏱️ 44 minutes

🧾️ Download transcript

Summary

All three averages fell, and Jim Cramer's breaking down what today’s turn in the market means for investors. Then, Take-Two Interactive CEO Strauss Zelnick sits down with Cramer to share more about his company’s fiscal first quarter results. Next, Cramer is talking to Union Square Hospitality Group’s CEO Danny Meyers, as the two review the food service industry and how much it’s changed since 2009. Plus, Planet Fitness CEO Chris Rondeau. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

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 market summer,

0:10.0

and I promise to help you find it.

0:12.0

Man money starts now.

0:17.0

Hey, I'm Kramer.

0:18.0

Welcome to Man Money.

0:19.0

Welcome to Kramer, America.

0:21.0

I'm going to make friends.

0:22.0

I'm just trying to make some money.

0:23.0

My job is not just to entertain you,

0:25.0

but to educate and teach you, so call me at 1-800-743-CBC

0:29.0

or tweet me at Jim Kramer.

0:31.0

When good things happen to bad stocks,

0:36.0

I get nervous.

0:39.0

Ladies, you've seen a lot of low-quality stocks

0:42.0

rallying purely because too many hedge funds

0:45.0

shorted them at the same time,

0:47.0

and the shorts end up getting squeezed.

0:49.0

Remember, just like they did in late January 2021,

0:52.0

although lately, to a lesser extent,

0:54.0

but it's been behind a lot of the action.

...

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