Boston, Massachusetts--(Newsfile Corp. - May 14, 2021) - The Thornton Law Firm alerts investors that it is investigating Array Technologies, Inc. (NASDAQ: ARRY) for potential securities violations. Investors who currently own shares or options of ARRY may contact the Thornton Law Firm's investor protection team by visiting www.tenlaw.com/cases/Array for more information. Investors may also email email@example.com or call 617-531-3917.
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Array Technologies, Inc. missed first-quarter profit expectations and withdrew its full-year outlook citing continued increases in steel and freight costs. Array Technologies reported net income that fell to $2.9 million, or 2 cents a share, from $73.7 million, or 61 cents a share. The company went public at an IPO price of $22 a share, and the stock closed as high as $51.05 before starting to sell off.
FOR MORE INFORMATION: www.tenlaw.com/cases/Array
Thornton Law Firm's securities attorneys are highly experienced in representing investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of investors. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
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