Boeing: The planemaker has replaced leadership on its troubled 737 Max program. “It doesn’t matter. Boeing, the leadership at the top is the only leadership the government cares about,” Jim Cramer said Thursday. Dow Jones index Boeing fell slightly. Etsy: The online marketplace for handmade goods fell 8% on lower-than-expected profits and lower-than-expected guidance. “I hope activists can do something there,” Cramer said. “But gross merchandise volume is not growing. They’re claiming they’ve hit a trough. I don’t think they’re entitled to claim anything at this point.” Moderna: The drugmaker reported surprising profits and higher-than-expected revenue. “Moderna has been canceled. However, their new vaccine holds great promise. A flu/COVID two-in-one,” Jim said. The stock rose 9%. Rivian: Shares of the electric vehicle maker plummeted 27% on lower-than-expected production forecasts. Chief Executive RJ Scaringe was criticized during a post-earnings conference call. But Jim noted that Scarinch said the company was in good shape. Royal Caribbean: The cruise line reported three weeks ago but raised guidance late Wednesday because booking demand has been so strong so far this quarter. The stock jumped 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. Shares of Southwest Airlines rose about 1%.
