Categories: OLD Media Moves

Vonage fights back against Cramer

Viewers of Jim Cramer’s “Mad Money” show on CNBC know that he has been belittling Vonage, even going as far as to bring a toy dog onto the set and have a barking sound, implying that the company is not a good stock.

Now, Vonage is retaliating against Cramer, according to this story.

Marguerite Reardon of CNET News wrote, “The public berating from the media, especially Cramer, likely didn’t help Vonage’s stock price either. Cramer even brought a puppy on his show last week and hung a sign around its neck that said ‘Vonage.’ If that weren’t enough, he then hit a button that played a barking dog sound.

“Despite these public floggings, [CEO Mike] Snyder said Cramer doesn’t worry him.

“‘I don’t think Jim Cramer has had an effect on our stock,’ he said. ‘Nobody here at the company is looking at this as anything other than noise…The stock is down. We’d like it to be up, but the whole market is down. It’s out of our control.'”

Recent Posts

Dynamo hires former Business Insider executive editor Harrington

Former Business Insider executive editor Rebecca Harrington has been hired by Dynamo to be its…

9 hours ago

Bloomberg TV hires Kerubo as desk producer

Bloomberg Television has hired Brenda Kerubo as a desk producer in London. She will be covering Europe's…

9 hours ago

Jittery CNBC staff reassured by new boss

In a meeting at CNBC headquarters Thursday afternoon, incoming boss Mark Lazarus presented a bullish…

9 hours ago

Making business news accessible to a wider audience

Ritika Gupta, the BBC's North American business correspondent, was interviewed by Global Woman magazine about…

10 hours ago

Rest of World hires Lo as China reporter

Rest of World has hired Kinling Lo as a China reporter. Lo was previously a…

10 hours ago

Bloomberg rises to No. 7 biz news website

Bloomberg News saw strong unique visitor growth to its website in October, passing Fox Business…

10 hours ago