SolarCity investeste $227 de milioane pe piata bursei!
$227 Million Financing by SolarCity Can Be A ‘Huge Catalyst, According to Finance Expert Michael MorosiSolarCity lately announced $227M raise in the cash equity sector which is a move which may ease the concerns of investors who are worried with the firm’s softening regulation. According to Michael Morosi, analyst of Avondale Partners, the cash financing can turn out to become a “huge catalyst” for stock market.Morosi says that market worries over the growth of SolarCity are misdirected to start with. Avondale sees slight risk to SolarCity’s 40% growth objective, particularly after a feeble Q1. Nevertheless, he stated that the company’s stock isn’t esteemed as the growth stock.The latest cash equity by SolarCity funding comes onto the heels of well over $1B in capital which the firm was able to raise during the past 2 months & will serve for improving their cash flows whilst de-risking its portfolio.According to Morosi, SolarCity is “shooting on all the chambers” & that their successful funding projects must lead to a re-rating of the stock. The company is down to almost 46.0% so far this year.Author: Kapil