While ride-share companies are looking set to taxi higher following an earnings beat from Lyft (LYFT) - Get Lyft Inc Class A Report and ahead of earnings from Uber (UBER) - Get Uber Technologies, Inc. Report , are investors about to feel the weight of this year's IPOs.
When reporting earnings, Lyft announced its IPO lockup period will expire on August 19, meaning the market could see a flood of Lyft shares hit the wires.
"It's going to be a problem," Jim Cramer said, adding, "more supply is not good."
For more on Lyft and what it could mean for the markets going forward, head over to Real Money where Kevin Curran has the latest on the Stock of the Day.
More from Cramer Today
Ready to Retire: The Biggest Threat to Your Retirement? Check Your Basement
TheStreet Feature:Can You Name This National Historic Wall Street Landmark?
Dog Days of Summer: Why Investors May Be Seeing the End of the Dog Days of Summer
Catch Up: Today's Top News Videos Below