Debt is not fine. FLEX has enormous debt that is five times larger than their entire book value. Any market downturn and they are in big trouble. They are financing themselves largely with payables. Meaning they do not pay their bills for a long time to use the money to play the float by financing their debt.
Previous announcement was three and now one more. Excellent news and the price barely moved up. Something is slowing down the price of this stock. I wonder what? Given the news the price should be back in over $3 range.