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CNBC Special Report: Taking Stock 3/23/23

Mad Money w/ Jim Cramer

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The Stock Was Down 15% Today on 140 Million Shares

The stock was down 15% today on 140 million shares that's like 12 times normal volume it strikes me that something in here struck people as new or at least worth acting on whether it might be the fact that it could just invite regulatory scrutiny that might not otherwise have been there. The proof is in the pudding gross profit or revenue is kosher and it's very strong so i think there's a lot of allegations there about the songs of what did you do which i think are completely false. If they actually put real numbers in the report I don't think the stock would have been down that muchthere was a lot of huffing and puffing about songs  to me it was somewhat

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