Your email has been successfully added to our mailing list.

×
0 0 0 0 0 -2.08339755390734E-16 -2.08339755390734E-16 -2.08339755390734E-16
Stock impact report

Northvolt Hires Advisory Firm Teneo to Tackle Cash Crunch [BNN Bloomberg (Canada)]

PJT Partners Inc. Class A (PJT) 
Last pjt partners inc. class a earnings: 4/28 06:50 am Check Earnings Report
Company Research Source: BNN Bloomberg
The preparations are part of Northvolt's response to a fast-moving liquidity crisis, said the people, who asked not to be identified because the matter is private. Teneo's appointment underscores the gravity of Northvolt's cash crunch as the electric-vehicle supplier negotiates with lenders over potential concessions. The financial challenges have cascaded quickly amid a drawn-out production ramp-up that's starved the battery maker of much-needed revenue. The company is running short of cash less than a year after securing a $5 billion green loan facility, which brought total debt and equity commitments to more than $13 billion. As negotiations with lenders and investors proceed, the company said Monday that it would slash staff by about 20% globally to focus on raising output at its main plant at Skelleftea, in northern Sweden. Northvolt has made significant progress in financing talks over the past couple of weeks, a company spokesman said in an email, declining to provide Show less Read more
Impact Snapshot
Event Time:
PJT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for PJT alerts
Opt-in for
PJT alerts

from News Quantified
Opt-in for
PJT alerts

from News Quantified