While ride-share companies are looking set to taxi higher following an earnings beat from Lyft (LYFT) and ahead of earnings from Uber (UBER) , 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.

Related. Lyft Drives Higher as Strong Earnings Outlook Outweighs Lockup Concerns

More from Cramer Today

Full Replay: Jim Cramer: Before You Look for Recession, Search for Bargains

Jim Cramer on Just Another BRIC in the Wall

Jim Cramer, the 10-Year and the Boy Who Cried Wolf

Jim Cramer Talks Rome and the Rise of the AMD Server CPU Empire

Premium Pick: Jim Cramer: China, BRIC's Last Solid Brick, Erodes, and So Do Many Multiples

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

N/A