Jim Cramer on Datavault AI: “It’s Losing Money Hand Over Fist”

Datavault AI Inc. (NASDAQ:DVLT) is one of the stocks Jim Cramer recently discussed. Inquiring about the stock, a caller mentioned that they had invested in the stock at $0.31 and had been trading by buying on dips and selling on rallies. Cramer replied:

“But this thing is… you know, it’s losing money. It’s losing money hand over fist. I would take off, I would take off a little, let the rest run. Your cost basis has gotta come out right now. Three times your cost basis… then you can’t lose money. How about that?”

Datavault AI Inc. (NASDAQ:DVLT) provides data management and analytics solutions powered by high-performance computing and proprietary software. The company helps its clients navigate data ownership, privacy, and security. On October 29, it announced announced a definitive agreement to acquire API Media in December 2025, in an all cash transaction. API Media is a New-Jersey based company that provides audio-visual and IT services for major sporting events and enterprise clients. It will retain its brand while integrating Datavault AI Inc.’s (NASDAQ:DVLT) patented technologies.

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Disclosure: None. This article is originally published at Insider Monkey.