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