TPI Composites Stock Falls on Preliminary Earnings, Should Investors Be Worried?
TPI Composites (NASDAQ: TPIC), a global leader in wind blade manufacturing, recently released preliminary second-quarter estimates along with new full-year guidance. The updated figures came in below the previous forecast, sending shares of TPI down over 10% last Friday. At the session low, shares were down 17%.
Here's what investors need to know about the updated guidance and how it fits into the company's long-term investment thesis.
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Source Fool.com
