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Why FTC Solar Plunged 35.7% on Tuesday

·1-min read
Why FTC Solar Plunged 35.7% on Tuesday
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What's shocking is that the gross margin was a negative 18.7%, and management expects the second-quarter 2022 non-GAAP gross margin to be negative 19% to negative 29%. The market's negative reaction to some earnings reports has been harsh this year, but in this case, I'm surprised the stock didn't stay down.

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