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STRĀ Holdings (STRI) -19.3% AH after the provider of components used in solar modules says...

  • Tuesday, January 22, 4:30 PM ET
    STR Holdings (STRI) -19.3% AH after the provider of components used in solar modules says it expects First Solar (FSLR), its largest customer, to switch to a new supplier during the next few months, causing a "material adverse effect" on its business. STR adds it plans to conduct a major restructuring, and recently hired UBS to evaluate strategic alternatives.
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