Economic data highlighted slowing inflation, raising hopes for interest rate cuts — and boding well for solar stocks, including First Solar.
Appearing before the Joint Economic Committee, Hostetler highlighted how the IRA has helped Array create American manufacturing jobs JEC Testimony June 12 Kevin Hostetler Testifies before the U.S. Congress Joint Economic Committee ALBUQUERQUE, N.M., June 12, 2024 (GLOBE NEWSWIRE) -- Today, Kevin G. Hostetler, chief executive officer of Array Technologies (NASDAQ: ARRY), a leading provider of tracker solutions and services for utility-scale solar energy projects, testified before the Congressiona
Array Technologies stock dived Tuesday after the solar energy company announced that its CFO is leaving. Array which makes ground-mounting systems used in solar energy projects, announced after the market close Monday that Chief Financial Officer Kurt Wood is stepping down from his position effective June 30. Shares of Array slid 6.8% Tuesday to $13.04.