What is going on today? - Megathread

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Array Technologies Inc (ARRY) Share Chat

Brutal day. [image] From the earnings call: "However, given the continuing increases we are seeing in steel and freight costs, as well as our ongoing review of open contracts to assess what costs we will pass on to customers, we are not able to affirm our previously provided guidance for the full year. We expect to update our guidance once we have completed the review of all of our open purchase orders and commodity and shipping prices remain stable for a long enough period of time to give u…

Inflation and shipping dislocations are already having an effect on renewables and accelerating rotations.

https://www.bloomberg.com/news/articles/2021-05-12/hot-corner-of-esg-investing-is-cooling-fast-and-losing-cash