Cramer unpacks Switch's IPO, the second-largest tech IPO of the year

Cramer unpacks Switch's IPO, the second-largest tech IPO of the year

7 years ago
Anonymous $wKBR2uNMvM

https://www.cnbc.com/2017/10/06/cramer-unpacks-switchs-ipo-the-second-largest-tech-ipo-of-the-year.html

CNBC's Jim Cramer rarely fails to notice new players arriving on the data center scene, which is why Switch's initial public offering, the second-largest tech IPO of 2017, caught his attention.

"After digging into this story, I think the pros do outweigh the cons, although I'm obviously not alone in believing that, as the stock surged from $17, where it came public [Friday], up to $20.84. That's a 22 percent gain right out of the gate," the "Mad Money" host said. "Which begs the question: is Switch worth owning even after today's monster move?"