Shares of Sunnova Energy International (NYSE: NOVA) jumped by as much as 14.3% in trading on Monday after the company announced plans for a large new debt offering, but the stock closed the trading session down 7.5%. There are a couple of reasons Wall Street might not be excited about Sunnova's newest debt offering. Another concern is that Sunnova is still losing money and burning through cash.
Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting