Jul. 2 at 12:09 PM
$RNLSY to recognize massive
$11B loss — what this means for investors 🚨
Renault's strategic accounting shift aims to reflect its true stake in
$NSANY due to Nissan's struggles and its valuation being above share price. Despite the non-cash loss, Renault expects reduced earnings volatility without impacting full-year guidance or dividends. 📉
Discover how this impacts Renault's future strategy 👉 https://www.zacks.com/commentary/2560281/renault-to-post-11b-losses-after-nissan-stake-revaluation?cid=sm-stocktwits-2-2560281-body-592&ADID=SYND_STOCKTWITS_TWEET_2_2560281_BODY_592