Why FTC Solar Shares Are Rising

Loading...
Loading...

Shares of several solar-related companies, including FTC Solar Inc FTCI, are trading higher amid a report President Biden will issue a proclamation allowing the import of solar panels from several countries without tariffs for 24 months.

Biden is planning to invoke the "Defense Production Act" to resolve a trade dispute that will revive stalled solar projects and kickstart domestic manufacturing of solar panels, Bloomberg reported, citing people familiar with the matter... Read More

According to data from Benzinga Pro, FTC Solar is trading higher by 23.90% at $4.92. FTC Solar has a 52-week high of $13.98 and a 52-week low of $2.12.

Market News and Data brought to you by Benzinga APIs
Posted In: Penny StocksSmall CapMoversTrading Ideaswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...