CNBC Host Chokes Up After Meta Stock Takes Dive off Cliff: ‘I Did a Bad Job’

Click here to read the full article.

A CNBC stock market analyst made a tearful admission of fault in a Thursday “Squawk on the Street” segment, taking responsibility for his own poor advice to purchase Meta stock.

Jim Cramer grew emotional as he admitted that he was previously “wrong” about the stock’s prospects.

The company formerly known as Facebook saw its stock price nosedive by nearly 25 percent on Thursday, according to CBS News.

“I made a mistake here. I was wrong,” Cramer frankly admitted.

“I trusted this management team. That was ill-advised. … And I apologize.”

“I’ve been in this business for 40 years and I did a bad job,” Cramer added. “I am not proud.”

Continue reading here.

Scroll down for comments and share your thoughts!

Author

What do you think?

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

BREAKING: Morrissey to release "Bonfire of Teenagers" on Capitol Records in stunning victory over cancel culture

BREAKING: Barack Obama blames surge in violent crime in America on Republicans and Trump