Shares of solar tracking systems manufacturer Array (NASDAQ:ARRY) rose 5% after positive macro developments in the solar industry, including China’s energy regulator addressing price wars and a new clean energy investment program in New York. The energy regulator’s pledge aimed to balance production with demand, lifting market sentiment toward solar stocks. Array closed at $7.98, up 3.8% from the previous close. The stock is volatile, with 75 moves greater than 5% in the last year. The recent move indicates market significance but not a fundamental change in perception. Array is up 18.2% year-to-date but still below its 52-week high.
Read more at StockStory: Why Array (ARRY) Stock Is Up Today
