A 4.89% slide to $729.05 takes roughly $3.6 billion off the biotech's market value in one session. Moves this size are rare for a $73.7 billion name, and the close is what matters now.
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Mad Money w/ Jim Cramer 9/24/26
- Cramer pushes back on index-fund supremacy, calling the absolutist version of it wrong
- Still recommends 50% of savings in an S&P 500 fund as a hedge against your own mistakes
- Argues the S&P holds far fewer than 500 good stocks, so you buy the bad with the good
- Caller questions on portfolio structure for young investors, 529 plans, and retirement vs. mad money
Put half in an index fund as insurance, the other half in individual names you have actually done the homework on. Cramer's case is that an S&P 500 fund gives you 8% to 10% a year and mediocrity alongside the winners, which is why he says it will not make you rich on its own.
REGN Coverage
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The Nasdaq is Cratering But REGN, BIIB and CSGP Are Up Big Today
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