
SoFi Technologies CEO, Palo Alto Networks CEO & Carrier Global CEO 5/23/23
Mad Money w/ Jim Cramer
00:00
Carrier Global's Do-Over
Carrier Global announced a major shakeup, shelling out 12 billion euros in cash and stock to buy common climate solutions. The company's trying to make itself in more of a pure play, energy efficiency, company, climate controls. Wall Street hated them; the stock immediately plunged 7% on the news. But as they see the power of the European residential heating market and thePower of the combination, the stock will follow.
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