Boeing: The planemaker has changed leadership of its beleaguered 737 MAX program. “It doesn't matter. Boeing, leadership from the top is the only leadership the government cares about,” Jim Cramer said Thursday. Dow Jones Boeing stock fell slightly. Etsy: Shares of the online marketplace for handmade goods fell 8% on an earnings loss and softer-than-expected guidance. “I hope activists can do something there,” Kramer said. “But there is no growth in gross merchandise. They have bottomed out. I don't think they have the right to demand anything at this point.” Moderna: The drugmaker reported a surprise profit and higher-than-expected revenue. “Moderna has been written off. However, their new vaccine holds a lot of promise. Flu/Covid 2-in-1,” Jim said. The stock rose 9%. Rivian: Shares of the electric vehicle maker fell 27% after weaker-than-expected production forecasts. CEO RJ Scaringe came under fire on the post-earnings conference call. But Jim points out that Scaring said the company was fine. Royal Caribbean: The cruise line reported three weeks ago but boosted its guidance Wednesday evening because booking demand has been so strong since the quarter. The stock rose 8.5%. “I have nothing but good things to say about Royal Caribbean,” Jim said. “People are traveling,” he said, adding that he likes Southwest Airlines here. Southwest shares rose nearly 1%.
