U.S. markets close in 2 hours 12 minutes
  • S&P 500

    3,845.91
    -54.20 (-1.39%)
     
  • Dow 30

    31,148.23
    -290.03 (-0.92%)
     
  • Nasdaq

    11,263.88
    -260.68 (-2.26%)
     
  • Russell 2000

    1,751.55
    -20.19 (-1.14%)
     
  • Crude Oil

    111.50
    +1.93 (+1.76%)
     
  • Gold

    1,820.70
    -4.10 (-0.22%)
     
  • Silver

    20.78
    -0.39 (-1.83%)
     
  • EUR/USD

    1.0529
    -0.0058 (-0.55%)
     
  • 10-Yr Bond

    3.1980
    +0.0040 (+0.13%)
     
  • GBP/USD

    1.2191
    -0.0080 (-0.65%)
     
  • USD/JPY

    136.1870
    +0.7410 (+0.55%)
     
  • BTC-USD

    20,634.36
    -77.96 (-0.38%)
     
  • CMC Crypto 200

    448.56
    -1.51 (-0.33%)
     
  • FTSE 100

    7,323.41
    +65.09 (+0.90%)
     
  • Nikkei 225

    27,049.47
    +178.20 (+0.66%)
     

Why Array Technologies Shares Rose Today

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1 min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

Array Technologies Inc (NASDAQ: ARRY) shares traded higher Friday despite a lack of company-specific news from the session. The stock gained earlier in the week in sympathy with Enphase Energy Inc (NASDAQ: ENPH), which reported better-than-expected third-quarter results and issued strong fourth-quarter guidance.

Enphase Energy reported quarterly earnings of 60 cents per share which beat the analyst consensus estimate of 48 cents per share by 25%. The company also reported quarterly sales of $351.50 million which beat the analyst consensus estimate of $343.15 million by 2.4%.

Array Technologies will release its third-quarter 2021 results after the market close on Thursday, November 11th, to be followed by a conference call at 5:00 p.m. ET on the same day.

Array Technologies has a 52-week high of $54.78 and a 52-week low of $12.72.

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.