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Stock impact report

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of FTC Solar, Inc. - FTCI [MarketWatch]

FTC Solar, Inc. (FTCI) 
Company Research Source: MarketWatch
NEW YORK, Jan. 21, 2022 /PRNewswire via COMTEX/ -- NEW YORK, Jan. 21, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of FTC Solar, Inc. ("FTC Solar" or the "Company") (NASDAQ: FTCI). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980. The investigation concerns whether FTC Solar and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. [Click here for information about joining the class action] On January 14, 2022, Bank of America downgraded FTC shares to Underperform from Neutral, opining that the Company is "among the [companies] most exposed to potential delay dynamics associated with utility-scale solar projects in the U.S. for 2022," noting that nearly all of FTC's revenue is derived from the U.S., with international projects expected to contribute meaningfully only from 2023 and beyond. On this news, FTC Solar's stock pr Show less Read more
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