Cramer On Ride-Hailing Stocks: Bullish On Lyft, Not So Much On Uber
Lyft’s stock may have bottomed near $37 per share after its August lockup expiration and a “decent” earnings report last Thursday, Cramer said on “Mad Money” Wednesday. In contrast, Uber reported an “ugly” earnings report Monday, he said. “All of a sudden these two stocks that have been trading together for months and months and months are now moving in opposite directions,” Cramer said.