Array CEO Kevin Hostetler Testifies Before Congress on the Solar Manufacturing Boom from the Inflation Reduction Act
![GlobeNewswire](../../../Content/images/providers/GN.png)
Array Technologies, Inc. (ARRY)
Last array technologies, inc. earnings: 5/7 08:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.arraybiopharma.com/investor-overview
Company Research
Source: GlobeNewswire
ALBUQUERQUE, N.M., June 12, 2024 (GLOBE NEWSWIRE) -- Today, Kevin G. Hostetler, chief executive officer of Array Technologies (NASDAQ: ARRY), a leading provider of tracker solutions and services for utility-scale solar energy projects, testified before the Congressional Joint Economic Committee. The hearing, “Made in America: The Boom in U.S. Manufacturing Investment,” addressed the growth of the solar and manufacturing industries following the passage of the Inflation Reduction Act. Committee Chair, U.S. Senator Martin Heinrich (D-NM), joined Hostetler in April for the groundbreaking of Array’s new $50 million manufacturing facility in Albuquerque, NM, which will employ 300 local residents in the near term to facilitate the production, assembly, design, engineering, and customer service of solar tracking technology. Array’s expansion was made possible by the production tax credit in the Inflation Reduction Act (IRA), which has spurred growth in renewable energy and created jobs in
Show less
Read more
Impact Snapshot
Event Time:
ARRY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ARRY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ARRY alerts
High impacting Array Technologies, Inc. news events
Weekly update
A roundup of the hottest topics
ARRY
News
- Array CEO Kevin Hostetler Testifies Before Congress on the Solar Manufacturing Boom from the Inflation Reduction Act [Yahoo! Finance]Yahoo! Finance
- Origis Energy and Tri-State Announce Commercial Operation of Escalante Solar [Yahoo! Finance]Yahoo! Finance
- Array Technologies Announces Departure of Chief Financial Officer [Yahoo! Finance]Yahoo! Finance
- Array Technologies Announces Departure of Chief Financial OfficerGlobeNewswire
- Array Technologies Appoints Neil Manning as President and Chief Operating Officer [Yahoo! Finance]Yahoo! Finance
ARRY
Earnings
- 5/9/24 - Beat
ARRY
Sec Filings
- 6/11/24 - Form 4
- 6/10/24 - Form 8-K
- 5/31/24 - Form SD
- ARRY's page on the SEC website