Shoals shares look to stabilize

Shoals Technologies Group stock will enter the trading week seeking much-needed stability after the company’s shares lost about 43 percent of value Feb. 23-27.

The rough-and-tumble trading began last Tuesday, when the solar energy equipment supplier’s stock close priced at $6.84, down 30.96 percent (the equivalent drop of $3.06 per share) from the mark of the previous day. The trading session accompanied the release of a fourth quarter results report showing the company missed analyst estimates for earnings per share.