Market Commentary - Jim Cramer, a prominent market commentator, has called for a "pause" in the current rally characterized by speculation in gold, crypto, and profitless companies [1] - His commentary comes as many crypto stocks are experiencing bearish trends in pre-market trading [2] Company Performance - Robinhood (HOOD) closed at $124.78, up 3.20% for the day, marking a 216% increase in 2023, and reached a 52-week high of $125.08 before slightly declining to $123.60 in pre-market trading [3] - Strategy Inc. (MSTR) finished at $344.75, down 1.25%, and fell to $336.80 in pre-market trading, reflecting a 2.31% decline, but remains above its 52-week low of $145.01 [4] - Coinbase (COIN) closed at $342.46, down 0.20%, and slipped to $334.82 in pre-market trading, a decrease of 2.23%, yet is still up approximately 33% year-to-date despite Bitcoin's 2.5% drop [5] - Circle Internet Group (CRCL) finished at $144.14, with a slight increase, but fell 2.53% to $140.50 in pre-market trading; shares are up 73% year-to-date but down from a 52-week high of nearly $299 [6] - PayPal (PYPL) closed at $68.22, down 0.44%, and is down 21.51% year-to-date, remaining within its 52-week range of $55.85 to $93.66 [8] - Webull (BULL) traded flat at $13.29, still below yearly highs, but has gained 14.37% year-to-date after earlier volatility [9]
Jim Cramer has a frustrated take on skyrocketing crypto stocks
Yahoo Finance·2025-09-22 18:00