On CNBC’s “Mad Money Lightning Round,” Jim Cramer said AT&T Inc. (NYSE: T) is “as poorly managed as any company I’ve ever seen in my lifetime.” He added, “Walk away from it.”
When asked about Seres Therapeutics, Inc. (NASDAQ: MCRB), he said, “Because the stock is losing money hand over fist, and while I did introduce it and wrote an article about it several times when it came public, I have to admit that I am mystified by why it’s not doing better, despite the fact that it has something interesting. And the answer is I do not think the company is all that well-run.
