Cramer's gig economy roundup: Where he stands on Uber, Lyft, DoorDash and Instacart

CNBC's Jim Cramer on Monday provided his take on four major stocks in the gig economy sector: Uber, Lyft, DoorDash and Instacart parent Maplebear.

"After hearing from all of these companies, what I see is a confusing situation: Uber, DoorDash and Instacart are all lower after earnings, while Lyft managed to gain a bit of ground," he said. "But the reality's a lot more complicated than that.""After hearing from all of these companies, what I see is a confusing situation: Uber, DoorDash and Instacart are all lower after earnings, while Lyft managed to gain a bit of ground," he said.

no longer steadily losing share to Uber, and shares jumped after earnings. Cramer said he is pleased with how CEO David Risher is managing the company's turnaround, saying he's optimistic the stock can continue to perform well.Cramer said DoorDash's quarter was decent, but weakened guidance sent its stock plunging. He indicated that the food delivery service "deserves the benefit of the doubt" as it spends money to grow business.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cramer's gig economy roundup: Where he stands on Uber, Lyft, DoorDash and InstacartCNBC’s Jim Cramer on Monday gave investors his take on four major stocks in the gig economy sector.
Source: NBCNewYork - 🏆 270. / 63 Read more »

Stocks making the biggest moves midday: Uber, Intel, Lyft, Shopify, Rivian and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Jim Cramer shares his thoughts on Shopify, Reddit, Uber, Arista Networks and Dutch BrosCNBC's Jim Cramer on Wednesday weighed in on the stocks of Shopify, Reddit and more companies that just reported earnings.
Source: CNBC - 🏆 12. / 72 Read more »