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| Good day, 360! | Here are our top investing ideas today. These setups look primed! And don't forget to check out our 4th of July specials. Be the best prepared trader on the Street! | | FOCUS LISTπ | CSLR - Up over 80% in the pre-market after announcing it has eliminated $67.6 Million of Private Equity Debt | BW - Up over 10% in pre after selling its Denmark based renewable parts and services subsidiary for $87 million cash | CHWY - Up over 15% in pre after Roaring Kitty a.k.a Keith Gill disclosed a 6.6% passive stake in the company | | | | HOTLISTπ₯ | CSLR - Up over 80% in the pre-market after announcing it has eliminated $67.6 Million of Private Equity Debt | Complete Solaria Inc. (CSLR) provides custom solar solutions in the United States. The company offers solar systems to homeowners and small to medium-sized commercial customers. | In the pre-market this morning the company announced that it had eliminated $67.6 Million of Private Equity Debt. | CSLR has today been released from its obligations under that debt by its two private equity (PE) providers, Carlyle and Kline Hill Partners. | On May 15, 2024, the Company announced that it had signed an agreement with Carlyle to set aside all of its financial claims in return for $10 million in cash. Today, we announce an equivalent deal with Kline Hill Partners for $8 million. | On June 17, 2024, the Company announced that T.J. Rodgers had funded the $10 million payment to Carlyle by purchasing a convertible debenture security from the Company through Cantor Fitzgerald & Company. Today, we announce that the investment by T.J. Rodgers has been increased from $10 million to $18 million to fund both private equity settlement deals. | The deal is enough to pay off the private equity partners and once again to provide $18 million in new working capital. | CSLR stock traded up over 80% in the pre-market in reaction to the news. | | The first target for bulls is the pre-market high at $2.14. | Beyond that, $2.20, $2.29, $2.60, $2.90 and $3 come into play. | Below $2.14, targets to the downside are $1.81, $1.60, $1.50, $1.38, $1.20 and then a gap fill at $1.12. | | BW - Up over 10% in pre after selling its Denmark based renewable parts and services subsidiary for $87 million cash | Babcock & Wilcox Enterprises, Inc. (BW), together with its subsidiaries, provides energy and emissions control solutions to industrial, electrical utility, municipal, and other customers worldwide. | In the pre-market this morning, the company announced that it had sold its Denmark based renewable parts and services subsidiary for $87 million cash. | The sale aligns with B&W's comprehensive business strategy to reduce long-term debt and optimize capital structure | The company reiterates its Full Year 2024 Adjusted EBITDA target range of $105 million to $115 million, excluding BrightLoop™ and ClimateBright™ expenses. | The stock traded up over 10% in the pre-market in reaction to the news. | | The first target for bulls is the pre-market high at $1.70. | Beyond that, $1.90, $2 and $2.40 come into play. | Below $1.70, targets to the downside are $1.60, $1.55, $1.50 and then a gap fill at $1.45. | | *sponsored by Surmount AI |
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| | CHWY - Up over 15% in pre after Roaring Kitty a.k.a Keith Gill disclosed a 6.6% passive stake in the company | Chewy Inc. (CHWY) together with its subsidiaries, engages in the pure play e-commerce business in the United States. It provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services. | In the pre-market this morning, Roaring Kitty a.k.a Keith Gill disclosed a 6.6% passive stake in the company. | The disclosure with the US Securities and Exchange Commission shows Gill owns roughly 9 million Class A shares, worth about $245 million based on Friday's closing price. | "Roaring Kitty," shot to fame after initiating the famous GME short squeeze in 2021 and earlier this year. | CHWY is up over 15% in reaction to the new stake by Roaring Kitty in what is apparently his first big investment besides GME. | | The $31 area has acted as support in the pre-market and will be an important level to watch. | Above it, targets to the upside are $33, $34 and then the pre-market high at $35.25. Beyond that, $39.10, $40 and $42 come into play. | Below $31, targets to the downside are $30, $29.50, $28 and then a gap fill at $27.24. | | MARKET NEWS π° | | P.S. Make sure you text "RAGE" to (888) 404-5747 to get all of our latest HOT STOCK ideas! | | Questions or concerns about our products? Email Support@360wallstreet.io © Copyright 2022, RagingBull | | DISCLAIMER To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at https://ragingbull.com/disclaimer | FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. | *Sponsored Content: If you purchase anything through a link in this email other than RagingBull services, you should assume that we have an affiliate relationship with the company providing the product or service that you purchase, and that we will be paid in some way. We recommend that you do your own independent research before purchasing anything. We believe in the companies we form affiliate relationships with, but please don't spend any money on these products or services unless you believe they will help you achieve your goals. | RESULTS PRESENTED NOT TYPICAL OR VERIFIED. RagingBull Services may contain information regarding the historical trading performance of RagingBull owners or employees, and/or testimonials of non-employees depicting profitability that are believed to be true based on the representations of the persons voluntarily providing the testimonial. However, subscribers' trading results have NOT been tracked or verified and past performance is not necessarily indicative of future results, and the results presented in this communication are NOT TYPICAL. Actual results will vary widely given a variety of factors such as experience, skill, risk mitigation practices, market dynamics and the amount of capital deployed. Investing in securities is speculative and carries a high degree of risk; you may lose some, all, or possibly more than your original investment. | RAGINGBULL IS NOT AN INVESTMENT ADVISOR OR REGISTERED BROKER. Neither RagingBull nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. Employees, owners, and other service providers of https:// ragingbull. com or RagingBull.com LLC are paid in whole or in part by commission based on their sales of Services to subscribers. | RagingBull.com, LLC shall be entitled to recover attorneys' fees, costs and disbursements. In the event that any suit or action is instituted as a result of doing business with RagingBull. com, LLC and/or its affiliates or if any suit or action is necessary to enforce or interpret these Terms of Service, RagingBull. com, LLC shall be entitled to recover attorneys' fees, costs and disbursements in addition to any other relief to which it may be entitled. | WE MAY HOLD SECURITIES DISCUSSED. RagingBull has not been paid directly or indirectly by the issuer of any security mentioned in the Services except possibly by advertisers in this email. However, Ragingbull.com, LLC, its owners, and its employees may purchase, sell, or hold long or short positions in securities of the companies mentioned in this communication. |
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