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.

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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.

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