Bed Bath & Beyond Tumbles after Cohen Files for Stake Sale, and Cisco Surges: An Exclusive With the CEO 8/18/22
Jim Cramer and David Faber explored the "meme stock madness" involving Bed Bath & Beyond: The stock tumbled in reaction to GameStop CEO Ryan Cohen filing to sell his entire stake in the company. BBBY had month-to-date gains of about 360% at Wednesday's close of trading. How should the SEC view it all? Cisco Chairman & CEO Chuck Robbins joined Jim and David on set for an exclusive interview. The company's quarterly results, outlook and supply chain comments sent the stock up sharply. Also in focus: Kohl's shares take a hit on another busy day of retail earnings, Verizon gets slapped with an "underperform" rating by MoffettNathanson, and fresh perspectives on Apple shares rebounding by more than 30% over the last two months.
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