Array Technologies Shares Decline on Private Placement

Dow Jones

Jun 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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The stock is up 22% on the year. \n\n\n  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. \n\n\n \n\n\n  Write to Denny Jacob at denny.jacob@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 24, 2025 09:13 ET (13:13 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"shareholding","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}