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Alstom Stock Plummets Amid Cash Flow Woes and Project Delays

Alstom Stock Plummets Amid Cash Flow Woes and Project Delays

Shares of Alstom fell 30% after the company withdrew its three-year cash flow forecast, the second major setback in 2023. Struggling with project delays, Alstom's financial health is under scrutiny, with talks of potential capital raising or credit rating downgrade looming.

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