Stocks Slump on Strong Jobs Report, “Fedspeak” and Rate Hikes, the Future for Meta's "Threads" 7/6/23
Squawk on the Street
00:00
How to Sell a Company in the Recession
CNN's Jim Cevallos says he wants to sell his stake in Piper Jaffray. He said the company has a lot of defaults, but it's also something you're not supposed to own at this point in the cycle. "I want to sell it here because I think that a year and a half will be hard,"Cevallos added.
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