2024-05-17 12:05:56 ET
Summary
- Mynaric AG delays publication of its 2023 annual results, causing uncertainty about its financial position.
- The company updates its guidance, with a mix of good and bad news, including delays to volume production and write-downs on first-generation products.
- Despite potential demand and opportunities, the absence of financial details and production ramp-up information makes it difficult to assign a buy rating for Mynaric. A hold rating is maintained.
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What Is Going On With Mynaric?