Cramer on contested report that Comcast is considering M&A deals to compete in streaming

Shares of CNBC's parent company Comcast were down sharply Wednesday on a Wall Street Journal story that reported the company is set to go on an M&A spending spree to better take on the streaming landscape. In a statement to CNBC, Comcast says the report "is pure speculation," adding that both Comcast's CFO and NBC's Jeff Shell recently said at analyst events that they "aren't in need of any new assets right now." CNBC's Jim Cramer, Carl Quintanilla and David Faber discuss.