The New York Entrepreneur

Europe Markets: Alstom shares plunge more than a third after high-speed train builder warns on cash flow

Read Time:10 Second

Alstom shares came off the rails Thursday, at one point sliding 37%, after the France-based maker of high-speed trains cut its free cash flow forecast amid project delays and inventory build-up.

About Post Author

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Previous post : Swedish EV company Polestar delivered 13,900 vehicles in Q3, on track for 60,000 to 70,000 for the year
Next post : Shoppers will spend more than ever on holiday gifts online. But here’s where they might cut back to make it work.