Bullish option flow detected in Array Technologies with 6,772 calls trading, 1.3x expected, and implied vol increasing over 1 point to 54.63%. Sep-23 25 calls and Aug-23 20 calls are the most active options, with total volume in those strikes near 5,800 contracts. The Put/Call Ratio is 0.07. Earnings are expected on November 7th.
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Read More on ARRY:
- Array Technologies price target raised to $31 from $28 at Wells Fargo
- Unusually active option classes on open August 9th
- Array Technologies sees FY23 adjusted EPS $1.00-$1.07, consensus 87c
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- Array Technologies, Inc. Reports Financial Results for the Second Quarter 2023 – Strong execution delivers revenue of $507.7 million and record gross margin of 29.6%