) are falling after one of its customers, PM&M Electric, filed for bankruptcy. The company has announced that it expects negative free cash flow of $150 million. SolarEdge is also planning a $300 million convertible note offering, which will dilute value for existing shareholders.They are trending that they're going in the wrong direction if you're long the stock on one of its customers p and and and Electric filed for bankruptcy.
The company solar that is revealing that in the filing and solar edge by the way, also saying it now expects negative free cash flow of about $150 million in the court current quarter.So that'll be convertible into shares that will dilute the value for existing shareholders, all of that combining into a big tumble for those shares.Uh after this news, he said, listen, the free cash flow guidance he told them was, was that was offered was considerably below his call.
His forecast saying that um does not expect liquidity to be a sir here Julie but said the negative free cash flow guide likely represents another proof point.And those shares really tumbling here, by the way, that customer that went, uh, that is filed for bankruptcy owes solaredge $11.4 million.This super dividend stock offers high yield and visibility over earnings growth. It can help you earn $1,830 in passive income.
Down 58% from all-time highs, Air Canada stock trades at a discount to consensus price target estimates in June 2024. The post With Revenue Rising, Is Air Canada’s Sputtering Stock Finally Cleared for Takeoff? appeared first on The Motley Fool Canada. -- Nvidia Corp. Vice President Simona Jankowski, who runs investor relations and strategic finance at the chipmaker, is leaving to become chief financial officer at a startup.
Do you know you can build passive income with TSX stocks? A $22,000 investment can give you a shot at $5,000/year in passive income. The post For a Shot at $5,000/Year in Passive Income, Buy 1,000 Shares of This TSX Stock appeared first on The Motley Fool Canada.As global markets exhibit varied performance with the S&P 500 reaching new heights and sectors like manufacturing showing robust growth, investors may find opportunities in stocks that seem undervalued relative to their potential.
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