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Stock impact report

Array Technologies (ARRY) Drops 5.6% Ahead of Tax Credit Deadline [Yahoo! Finance]

Array Technologies, Inc. (ARRY) 
Last array technologies, inc. earnings: 5/7 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Array Technologies dropped for a second day on Tuesday, shedding 5.62 percent to close at $9.40 apiece as investors continued to take profits after the stock retested the $10 territory, while digesting the potential impact of the looming deadline on clean energy tax credits. Array Technologies Inc. (NASDAQ:ARRY), a US-based firm engaged in designing and manufacturing solar tracking systems for large-scale solar power plants, is expected to be impacted indirectly by the Trump administration's accelerated deadlines for solar tax credits. Copyright: lassedesignen / 123RF Stock Photo Under the newly signed One Big Beautiful Bill Act, projects must have kicked off construction by July 4, 2026 and be placed in service by December 31, 2027 to still qualify for the credits; otherwise, they will lose the tax incentives altogether. Last week, Array Technologies Inc. (NASDAQ:ARRY) soared to a new record high of $10.47 amid the Christmas holiday rush, but profit-taking persisted this wee Show less Read more
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