Comment on Jim Cramer has done a complete 180 on Snap (SNAP)

Jim Cramer has done a complete 180 on Snap (SNAP)

CNBC "Mad Money" host Jim Cramer has changed his tune on Snap almost 2 months after comparing the company to the early days of Facebook. Cramer identifies the app's unpopular redesign as the main culprit and says the stock is too expensive at the moment. He says he would consider buying in the future. Watch Snap trade in real time here. Jim Cramer is turning his back on Snap. The "Mad Money" host, who sometimes has enough influence to move stocks, likened the company to an early Facebook after the company's fourth-quarter earnings report showed revenue surged 72% versus a year ago.

 

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