Description: Gap’s split up is a “sobering reminder” that companies cannot “repurchase” their way to greatness,” CNBC’s Jim Cramer said Friday.

Source: CNBC.com – video report

Date: Mar 01, 2019

Link: https://www.cnbc.com/2019/03/01/cramer-its-about-time-that-gap-decided-to-split-its-businesses.html

Questions for discussion:

• What does Cramer mean by saying “In short, buybacks don’t mean squat without a compelling growth story.”
• Do you think the restructuring and store closures can result in greater stock values?