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NEW YORK, July 27, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Shoals Technologies Group, Inc. (NASDAQ: SHLS) on behalf of long-term stockholders following a class action complaint that was filed against Shoals on March 22, 2024 with a Class Period from May 17, 2022 to November 7, 2023. Our investigation concerns whether the board of directors of Shoals have breached their fiduciary duties to the company.
PARIS, July 23, 2024 (GLOBE NEWSWIRE) -- Constellium (NYSE: CSTM) announced today that its facility in Muscle Shoals, Alabama has been selected by the U.S. Department of Defense (DoD) for an investment of $23 million under Title III, Defense Production Act to rebuild its Direct Chill aluminium casting center.
The consensus price target hints at a 95.2% upside potential for Shoals Technologies (SHLS). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
From transportation to manufacturing consumer products, energy is at the core of our lives. Within the energy market, renewable energy has grown rapidly as the global consciousness of climate change is increasing.
PORTLAND, Tenn., July 15, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (the “Company”) (Nasdaq: SHLS) today announced that the Company will release its second quarter 2024 results after market close on Tuesday, August 6, 2024, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.
PORTLAND, Tenn., June 17, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a global leader in electrical balance of system (EBOS) solutions for the energy transition market, today announced its launch of a comprehensive range of system-solutions focused on international developers and engineering, procurement and construction (EPC) contractors.
PORTLAND, Tenn., June 13, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for the energy transition market, today announced that it will host its inaugural Investor Day in Nashville, Tennessee on Thursday, September 5, 2024, beginning at 8:30 a.m. CT.
PORTLAND, Tenn., June 11, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (“Shoals” or the “Company”) (Nasdaq: SHLS), a leading provider of electrical balance of system solutions for the energy transition market, today announced that its Board of Directors has authorized the repurchase of up to $150 million of the Company's Class A common stock. The authorization is effective through December 31, 2025 and allows for repurchases to be made in the open market, privately-negotiated transactions, accelerated share repurchases or otherwise in accordance with applicable federal securities laws, including through Rule 10b5-1 trading plans and under Rule 10b-18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Shoals anticipates that share repurchases made pursuant to the authorization will be funded through cash on hand, free cash flow and borrowings under the Company's credit facilities.
PORTLAND, Tenn., May 31, 2024 (GLOBE NEWSWIRE) -- Shoals Technologies Group, Inc. (Nasdaq: SHLS), a leading provider of electrical balance of system (“EBOS”) solutions for solar, battery storage, and electric vehicle charging infrastructure, today announced its participation in the following upcoming investor events:
NEW YORK , May 21, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Shoals Technologies Group, Inc. (NASDAQ: SHLS). Shareholders who purchased shares of SHLS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.