Cramer: Fund managers are ditching high-growth stocks for Lyft, IPO season

Cramer: Fund managers are ditching high-growth stocks for Lyft, IPO season

5 years ago
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https://www.cnbc.com/2019/03/27/cramer-funds-are-ditching-high-growth-stocks-for-lyft-ipo-season.html

Investors should expect high-growth technology stocks to be sold off as investment funds free up cash to buy into the wave of new initial public offerings, CNBC's Jim Cramer said Wednesday.

A few companies slated for IPOs this year include ride-hailing apps Lyft and Uber, hospitality platform Airbnb, data intelligence company Palantir, and workspace operator WeWork.

Cramer: Fund managers are ditching high-growth stocks for Lyft, IPO season

Mar 28, 2019, 12:24am UTC
https://www.cnbc.com/2019/03/27/cramer-funds-are-ditching-high-growth-stocks-for-lyft-ipo-season.html > Investors should expect high-growth technology stocks to be sold off as investment funds free up cash to buy into the wave of new initial public offerings, CNBC's Jim Cramer said Wednesday. > A few companies slated for IPOs this year include ride-hailing apps Lyft and Uber, hospitality platform Airbnb, data intelligence company Palantir, and workspace operator WeWork.