$LICY to 28$ or Reverse Split and Bankrupt
As for $NYSE:LICY (Li-Cycle Holdings Corp.), its path to $28 would require a significant recovery, possibly through strong financial performance or strategic growth. On the other hand, if the company struggles with cash flow and debt, a reverse split to maintain listing compliance or even bankruptcy could be possibilities. Monitoring earnings reports, cash reserves, and market sentiment is crucial. 🚀📉
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.