Here's what Jim Cramer had to say about some of the stocks that callers offered up during the "Mad Money Lightning Round" Monday evening:
Read the full Mad Money Recap from Monday's show, Fickle Market: Cramer's 'Mad Money' Recap. Cramer interviewed Dan Mondor, chairman and CEO of Inseego (INSG) - Get Report; and Bill Foley, founder and chairman of Foley Trasimene Acquisition, the SPAC behind the coming PaySafe deal.
The Dow Jones Industrial Average on Monday closed at a record in mixed trading as investors weighed the uncertain fallout of the forced liquidation of positions held by U.S.-based hedge fund Archegos Capital.
The Dow finished up 98 points, or 0.3%, to 33,171, the S&P 500 slipped 0.09% and the Nasdaq was down 0.6%.
Credit Suisse (CS) - Get Report and Nomura Holdings (NMR) - Get Report warned they face potentially significant losses from their exposure to the massive unwinding of leveraged equity bets by Archegos Capital.
Nomura estimated its claim was about $2 billion. Nomura shares saw their biggest one-day drop in years.
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At the time of publication, Cramer's Action Alerts PLUS had no position in the stocks mentioned.