NYSE:STEMElectrical
Stem (NYSE:STEM) Slips 12% In One Week Amid Financial Headwinds
Stem (NYSE:STEM) recently appointed two seasoned directors to its board, highlighting efforts to strengthen its leadership. However, the company faced financial headwinds after reporting a substantial drop in revenue and an increased net loss for 2024, coupled with ambitious guidance for 2025. These financial challenges might have influenced last week's 11.89% decline in the stock price. The company's new partnership with Summit Ridge Energy could provide long-term benefits, yet the...