5.8 C
New York
Tuesday, March 5, 2024

Electric-vehicle SPAC sell-off is a ‘sign of health,’ Jim Cramer says

  • "The electric-vehicle SPAC plays got incredibly overheated late last year, so when you see them cooling off like they did today … it's actually a sign of health," CNBC's Jim Cramer said.
  • "This is why you need to be disciplined and take profits when you have them, that way you can treat big sell-offs as buying opportunities," the "Mad Money" host said.
  • He offered takeaways on QuantumScape, Switchback Energy Acquisition, Luminar Technologies, Canoo, Ciig Merger and XL Fleet.

In this article

Related Articles

Latest Articles