Array Technologies Shares Decline on Private Placement

Dow Jones

06/24

By Denny Jacob

Array Technologies shares declined 15% in premarket trading on a private placement offering.

Shares were trading around $6.28. The stock is up 22% on the year.

The Albuquerque, N.M., solar-tracking solutions company said it intends to offer $250 million in aggregate principal amount of convertible senior notes due 2031 in a private placement.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

June 24, 2025 09:13 ET (13:13 GMT)

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