With many recent IPOs nearing their lockup expirations, Jim Cramer said during his Mad Money program Monday night that he expects even more selling in names like Uber Technologies (UBER) . He said investors need to be wary of the cloud stocks now that they have fallen out of fashion and should only consider the best in the group and only after they have fallen a little more.
More from Investing
Qualcomm's shares moved lower after it forecast strong growth for a chip business that will benefit from 5G adoption, but offered a more measured growth outlook for its patent-licensing business.
Apple turns red, retail slumps and small caps lead on Tuesday.
There is no 'tech' in tech.
These companies didn't make it any easier on themselves this year.