FTC Solar Shares Drop 22% After Wider-Than-Expected 1Q Loss
“FTC Solar Inc. shares were down 22% to $2.55 after the company reported a wider-than-expected first-quarter loss. The company said it had a quarterly loss of $27.8 million, or 28 cents a share, compared to a loss of $7.44 million, or 11 cents a share, in the year-ago quarter. Analysts polled by FactSet were … [Read more…]