Why Shares of Array Technologies Are Red-Hot Today
After sending shares modestly higher, about 1.3% over the first eight days of August, investors are warming up to Array Technologies (NASDAQ: ARRY) in a big way today. As of 10:48 a.m. EDT, Array's stock has already soared 11.7%
Presuming the company, a leading manufacturer of ground-mounted systems for solar power projects, will report strong second-quarter earnings tomorrow, some investors may be trying to grab shares while shares are still on the inexpensive side. The other factor driving the price higher -- and likely the more significant one -- is an analyst's action regarding the stock.
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Source Fool.com
