Squawk on the Street

Wrapping Up The Market Week: Stimulus Stalemate Vs. Vaccines, Disney “Streams” Higher, And Airbnb’s Blockbuster Public Debut

Carl Quintanilla, Jim Cramer and David Faber discussed the pullback in markets as worries about an impasse in stimulus talks overshadowed some of the positive news on COVID-19 vaccines. They also took a closer look at Disney: Shares up sharply one day after the company outlined its streaming strategy at its Investor Day event. Also in focus: Airbnb the morning after its blockbuster trading debut with shares more than doubling its IPO price – this after DoorDash’s 85% surge on its own first day of trading Wednesday. The anchors explored those gains as well as recent jumps in shares of companies such as Tesla – and why certain stock surges are reminiscent of 1999.

Broadcast on:: 11 Dec 2020

Carl Quintanilla, Jim Cramer and David Faber discussed the pullback in markets as worries about an impasse in stimulus talks overshadowed some of the positive news on COVID-19 vaccines.

They also took a closer look at Disney: Shares up sharply one day after the company outlined its streaming strategy at its Investor Day event.

Also in focus: Airbnb the morning after its blockbuster trading debut with shares more than doubling its IPO price – this after DoorDash’s 85% surge on its own first day of trading Wednesday.

The anchors explored those gains as well as recent jumps in shares of companies such as Tesla – and why certain stock surges are reminiscent of 1999.