StockStory Flags Byrna, NN, Golar LNG as Risky Cash-Burning Stocks

Investment research firm StockStory identified three cash-burning companies as risky holdings on June 1, 2026, citing negative free cash flow margins and elevated valuation multiples that expose investors to potential downside. Byrna Technologies (NASDAQ:BYRN), a non-lethal weapons provider, posted a trailing 12-month free cash flow margin of -6.5% and trades at 27.6 times forward EV-to-EBITDA, with shares at $6.32. NN Inc. (NASDAQ:NNBR), which supplies metal and plastic components, recorded a -2.7% margin and a forward price-to-earnings ratio of 32.4 at $2.96 per share. Golar LNG (NASDAQ:GLNG), operator of floating liquefied natural gas facilities, carried a steep -183% free cash flow margin and a forward P/E of 74.2 at $49.75. StockStory noted that heavy spending does not guarantee sustainable growth, and such elevated cash burn rates without a strong balance sheet can leave investors vulnerable.