Published on 21 Aug 2024 on Insider Monkey · via Yahoo Finance

Jim Cramer Says Liquidia Corporation (LQDA) Has Been Going ‘Down, Down, Down’

We recently compiled a list of the Jim Cramer Wants You to Check These 10 Stocks. In this article, we are going to take a look at where Liquidia Corporation (NASDAQ:LQDA) stands against the Jim Cramer-approved stocks.

Jim Cramer noticed a strange pattern during the recent winning streak last week. According to Cramer, when a company reported earnings that were better than expected, its stock price would rise significantly. Even if the results were just a bit better than feared, the stock still went up. Conversely, if a company posted disappointing earnings, the market largely ignored it, believing it was just a temporary setback because the Fed might soon cut interest rates. This led to continued buying. However, this trend changed today as reality began to take hold.