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STEM News and Press, Stem Inc Com From 04/04/23

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Company Name: Stem Inc Com
Stock Symbol: STEM
Market: NYSE
Website: stem.com

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STEM - Stem stumbles after BofA cuts to Sell equivalent as confidence 'strained'

2023-04-04 11:23:09 ET Stem ( NYSE: STEM ) -7.3% in Monday's trading after Bank of America downgraded the stock to Underperform from Neutral with a $5 price target, cut from $9, seeing the company's latest convertible issuance "weighing on Street confidence given working cap...

STEM - U.S. crude closes fifth straight monthly decline but looks poised for upturn

2023-03-31 19:15:22 ET U.S. crude oil prices posted a fifth consecutive monthly decline but settled Friday at their highest in three weeks, and improving macroeconomic conditions could maintain upward momentum. This week's rally was sparked by the shutdown of ~450K bbl/day of Iraq...

STEM - Stem prices $200M upsized debt offering

2023-03-30 07:13:07 ET Stem ( NYSE: STEM ) announced on Thursday the pricing of $200M of its Green Convertible Senior Notes due 2030. The offering was upsized from the previously announced $175M to $200M. The notes will accrue 4.25% interest payable semi-annually in arrears ...

STEM - Stem, Inc. Announces Pricing of Upsized Offering of $200 Million 4.25% Green Convertible Senior Notes Due 2030

Stem, Inc. ("Stem") (NYSE: STEM) announced today the pricing of $200 million aggregate principal amount of 4.25% Green Convertible Senior Notes due 2030 (the "Notes") in a private offering (the "Offering"), which was upsized from the previously announced $175 million offering, to persons reasonab...

STEM - Stem, Sharecare, bluebird bio among premarket losers' pack

2023-03-29 08:23:45 ET Draganfly DPRO -17% on proposed securities offering . SomaLogic SLGC -15% on Q4 earnings release . Shift Technologies SFT -15% on Q4 earnings release . Sharecare SHCR -12% on Q4 earnings release . Allarity Therapeu...

STEM - Stem, Inc. Announces Proposed $175 Million Green Convertible Senior Notes Offering

Stem, Inc. ("Stem") (NYSE: STEM) announced today its intention to offer, subject to market conditions and other factors, $175 million aggregate principal amount of green Convertible Senior Notes due 2030 (the "Notes") in a private offering (the "Offering") to persons reasonably believed to be qua...

STEM - Stem proposes $175M green convertible senior notes offering

2023-03-29 07:38:43 ET Stem ( NYSE: STEM ) plans to sell $175M aggregate principal amount of green Convertible Senior Notes due 2030 to institutional buyers in a private offering . The notes will accrue interest payable semi-annually in arrears and will mature on April 1, ...

STEM - Solar, alternative energy stocks rebound as banking fears ease

2023-03-21 15:33:25 ET Solar stocks are tallying notable gains in Tuesday's trading, recovering most of last week's sharp losses stemming from worries that Silicon Valley Bank's bankruptcy could hurt the clean energy industry. Sentiment has improved this week following the Credi...

STEM - Stem: Trading At All-Time Lows Despite Growing Margins And Revenue

2023-03-21 11:05:16 ET Summary Stem, Inc. is down 40% over the past year despite improving margins and growing revenue 180% annually. Sentiment towards high growth tech businesses seems to be near decade highs and may offer good entry points for names like Stem for long-term inves...

STEM - Wood Mackenzie Recognizes Stem as Largest Storage Virtual Power Plant Operator in North America

Report highlights Stem’s 2.5 gigawatt-hours (GWh) of contracted storage assets under management, more than any other VPP operator in the region Stem (NYSE: STEM), a global leader in AI-driven clean energy solutions and services, today announced that it has been recognized as the ...

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