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Benzinga
Benzinga
Business
Craig Jones

Jim Cramer Says This Company Is Losing Money

On CNBC’s "Mad Money Lightning Round," Jim Cramer said PLBY Group, Inc. (NASDAQ:PLBY) is losing money and he doesn’t want to touch companies that are losing money.

When asked about Alibaba Group Holding Limited (NYSE:BABA), Cramer said, "I can’t have them hurt our viewers anymore."

The "Mad Money" host said he is fine with Cloudflare, Inc. (NYSE:NET).

Cramer believes SoFi Technologies, Inc. (NASDAQ:SOFI) is at a bottom.

When asked about DraftKings Inc. (NASDAQ:DKNG), he said, "I know if California and Florida come on, you’re going to say why not buy it at $14, but there’s a lot of capacity in that industry."

Check out our premarket coverage here.

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