- Apr. 10: #1, 2, 4, 5, 11; vol. 7.0M
- Read note below
******
- a couple of days earlier:
Note:
Apr 10: Deutsche Bank reiterated their buy rating on Scorpio stock and called it a "major opportunity" for investors.
The company is expected to have to announce a "highly dilutive equity offering" in the near future, in order to raise cash needed to meet its debt payment obligations. (According to data from S&P Global Market Intelligence, Scorpio is carrying $2.8 billion in debt, but has less than $200 million on hand to service it).
No comments:
Post a Comment