Solar Shares Trading Up Over +50% Leading Up To Opening Bell

By: Tomas Ronolski - AllPennyStocks.com News

Wednesday, September 11, 2024

A Texas-based renewable energy company is already stealing the show during Wednesday’s premarket hours after the solar company announced a three-year deal from Strata Clean Energy to supply about 500 megawatts of its Voyager 2P solar tracker technology for multiple projects in the US.

Naturally, traders were over the moon about the news, quickly snatching up shares of FTC Solar Inc. (Nasdaq:FTCI). At the time of writing, traders were bid for shares at $0.3564/share (+58.33% implied open for sellers). It should be an exciting session for this micro cap!

FTC Solar Inc is a global provider of advanced solar tracker systems, supported by proprietary software and value-added engineering services. It focuses on providing differentiated products, software and services that maximize energy generation and cost savings for customers, and to help facilitate the continued growth and adoption of solar power globally.

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