Jim Cramer Appreciates Gemini’s Crypto Pioneering Work but Highlights Stock Decline
Gemini Space Station, Inc. (NASDAQ:GEMI) is one of the stocks Jim Cramer recently shared his thoughts on. Cramer poked fun at the company’s name but acknowledged crypto legacy and discussed the stock’s decline. He stated:
“Right now, we need a little curbing. I could say the same thing about Gemini Space Station, the ridiculous name for the crypto outfit, founded by the Winklevoss twins 11 years ago. After a 14% gain on its first day of trading last Friday, the stock has now fallen well below its $28 offering price. Again, I’m a client and I greatly appreciate the pioneering work in telling everyone and everything about crypto. It’s great. It’s been a fabulous run. Not so for their stock, but that’s okay too.”
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