Is Jim Cramer Leaving TheStreet?

Jim Cramer is reportedly planning to exit TheStreet.com at the end of September.

What Happened: TheStreet.com plans to hand off Cramer's online videos and columns to new talent, according to a Seeking Alpha report citing information from an unnamed “source familiar with the situation."

TheStreet.com’s parent company, TheMaven Inc. MVEN stated in a recent regulatory filing submitted that Cramer's company Cramer Digital was not going to pick up an optional third year under its existing contract.

See Also: Cramer Revisits His Infamous 'They Know Nothing!' Moment

What Else Happened: Neither Cramer nor TheStreet.com commented on the report of their reported parting of ways, although Cramer offered a tweet shortly after the Seeking Alpha report was published that stated, “the well-wishers are out in full force and i thank you one and all”

Cramer was a stockbroker and hedge fund manager before he co-founded TheStreet.com in 1996 in partnership with magazine publisher Marty Peretz and took it pubic in 1999. TheMaven acquired the company in 2019 for $16.5 million.

Cramer gained greater national recognition in 2005 when he joined CNBC to host "Mad Money."

Photo: Tulane Public Relations

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsPenny StocksMediaJim CramerTheStreet.com
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!