Jim Cramer on Bumble's IPO and the lack of female-led companies
"These consumer product companies, they should, I think, be run by women because women are the customers," CNBC's Jim Cramer said Thursday. His comments come as female-led company Bumble goes public on the Nasdaq. The stock market response to the IPO will act as a litmus test for companies founded by women, who account for just 7.4% of Fortune 500 CEOs. That’s an all-time high but still staggeringly low.