FTC Solar (FTCI) drops 15.63% to Close at $5.13 on January 14

Equities Staff  |

FTC Solar Inc (NASDAQ: FTCI) shares dropped 15.63%, or $0.95 per share, to close Friday at $5.13. After opening the day at $5.57, shares of FTC Solar fluctuated between $5.68 and $5.05. 3,054,519 shares traded hands an increase from their 30 day average of 825,461. Friday's activity brought FTC Solar’s market cap to $435,971,229.

FTC Solar is headquartered in Austin, Texas..

About FTC Solar Inc

Founded in 2017 by a group of renewable energy industry veterans, FTC Solar is a fast-growing, global provider of solar tracker systems, technology, software, and engineering services.  Solar trackers significantly increase energy production at solar power installations by dynamically optimizing solar panel orientation to the sun.  FTC Solar’s innovative tracker designs provide compelling performance and reliability, with an industry-leading installation cost-per-watt advantage. 

Visit FTC Solar Inc’s profile for more information.

About The Nasdaq Stock Market

The Nasdaq Stock Market is a global leader in trading data and services, and equities and options listing. Nasdaq is the world's leading exchange for options volume and is home to the five largest US companies - Apple, Microsoft, Amazon, Alphabet and Facebook.

To get more information on FTC Solar Inc and to follow the company’s latest updates, you can visit the company’s profile page here: FTC Solar Inc’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Trending Articles

Commodities Post Strongest Gains in Over a Decade
Charlie Munger Doubles Down on Alibaba While the Fed Signals Tightening
Commodities — Assessing 2021 and Forecasting 2022

Market Movers

Sponsored Financial Content