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Squawk on the Street

Massive Market Whipsaw, Coronavirus Contagion, Elliott Wants Dorsey Out, Remembering Jack Welch

Carl Quintanilla, Jim Cramer and David Faber breakdown the massive market whipsaw. Stocks trying to edge out gains and attempt some kind of rebound from its worst week since the financial crisis. Coronavirus fears continue, as the first case is confirmed in New York City. Omega Advisors Leon Cooperman weighs in saying, “this volatility is scaring the public.” Shares of Twitter soaring, as Elliott Management makes a push to replace its CEO Jack Dorsey. And remembering the former chairman and CEO of General Electric, Jack Welch. During his 20 years he led the conglomerate, its market value growing from $12 billion to $410 billion. Welch passed away late Sunday night at his home surrounded by his wife Suzy and family.

Broadcast on:
02 Mar 2020

Carl Quintanilla, Jim Cramer and David Faber breakdown the massive market whipsaw.

Stocks trying to edge out gains and attempt some kind of rebound from its worst week since the financial crisis. Coronavirus fears continue, as the first case is confirmed in New York City. Omega Advisors Leon Cooperman weighs in saying, “this volatility is scaring the public.” Shares of Twitter soaring, as Elliott Management makes a push to replace its CEO Jack Dorsey.

And remembering the former chairman and CEO of General Electric, Jack Welch. During his 20 years he led the conglomerate, its market value growing from $12 billion to $410 billion. Welch passed away late Sunday night at his home surrounded by his wife Suzy and family.