https://www.cnbc.com/2019/04/01/cramer-nasdaq-goldman-sachs-and-amazon-are-de-risked-ipo-plays.html

CNBC's Jim Cramer said he did not expect Lyft shares to get hit so hard on Monday after their after a positive Friday debut on the stock market.

The rideshare app traded as high as $88 a share in its first day, but tumbled nearly 12 percent to settle at $69.01 on Monday. With a load of highly-anticipated companies planning to go public in 2019, he said it's a sign that investors must be very careful buying red-hot initial public offerings. Those include names such as Pinterest, Uber, and Airbnb.