Nextracker Stock Jumps as Demand for Solar Tracking Solutions Drives Earnings Beat
Nextracker (NXT) Investopedia·2024-05-15 09:55
Key Takeaways Nextracker shares powered higher in extended trading Tuesday after the maker of solar tracking solutions posted quarterly earnings and revenue above Wall Street expectations. The company recorded a backlog of 47 level, an area where the price encounters key overhead resistance from a horizontal line connecting three chart peaks over the past nine months. Nextracker (NXT) shares jumped ne ...