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Saturday, November 23, 2024

Solar stock Nextracker’s strong quarter is eclipsed by backlog concerns — here’s where we stand

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In an aerial view, the Kayenta Solar Plant is seen on June 23, 2024 in Kayenta, Arizona. 

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Brandon Bell |  Getty Images

Shares of Nextracker dropped in extended trading Thursday as questions about the solar technology firm’s backlog of projects overshadowed its better-than-expected quarterly results.

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