On CNBC's “Mad Money Lightning Round,” Jim Cramer said Fluence Energy, Inc. (NASDAQ:FLNC) is losing a lot of money and is down 50%. “I'm going to have to take a pass on that name,” he added.
Mizuho analyst Maheep Mandloi supports Cramer’s view. On July 14, Mandloi downgraded Fluence Energy from Outperform to Neutral but raised the price target from $6 to $10.
