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MarketBeat
MarketBeat
Thomas Hughes

Nextracker’s Solar Surge: Will It Shatter Its All-Time High?

Nextracker MarketBeat
[content-module:CompanyOverview|NASDAQ:NXT]

Headwinds and hurdles aside, Nextracker’s (NASDAQ: NXT) stock price’s next move is a push to new highs. The company’s product is in demand, demand drives business, and business is good. The critical detail from the FQ4 report is the acquisition of Bentek.

Bentek expands Nextrackers' offerings into the eBOS (electrical balance of systems) markets, which include the balance of equipment and components required to install and operate Nextrackers’ sun-tracking solar panel platforms.

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