U.S. Markets open in 9 hrs 27 mins

IPO Onslaught: Cramer's 'Mad Money' Recap (Wednesday 3/27/19)

Scott Rutt

Investors need to be prepared for more days like this, Jim Cramer warned his Mad Money viewers Wednesday. The IPO cycle is playing out just as Cramer had feared, and we're only just getting started. Cramer explained that this week's debut of ride-sharing service Lyft is creating a frenzy among institutional investors, all clamoring for a slice of the $2.2 billion deal that's already seeing share prices rise beyond expectations.