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Okta and Atlassian added to ‘zombie’ stocks list by equity research firm New Constructs

Por: MarketWatch Business December 07, 2022

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“Companies with fast-depleting cash reserves are risky investments in any market,” wrote New Constructs CEO David Trainer in a recent note, adding that rising interest rates and a slowing economy are adding fuel to the fire. “As these companies struggle to grow revenue, they will face margin pressures and serious challenges to raising more capital to fund their cash burn,” he added. In the note, which was released before last week, New... + full article



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