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Array Technologies jumps 34% in Nasdaq debut

Shares of Array Technologies jumped 34% in their Nasdaq debut on Thursday after the solar power equipment maker raised $1.05 billion in its initial public offering.

Oct 15 (Reuters) - Shares of Array Technologies ARRY.O jumped 34% in their Nasdaq debut on Thursday after the solar power equipment maker raised $1.05 billion in its initial public offering.

Shares opened at $29.5 after being priced at $22 per share.

Array is backed by asset manager Oaktree Capital.

(Reporting by Niket Nishant in Bengaluru; Editing by Anil D'Silva)

((Niket.Nishant@thomsonreuters.com;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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