Investing.com — Shares of Shoals Technologies Group experienced a record intraday drop of as much as 23% following the announcement by the US International Trade Commission.
The commission said it found no violations in the patent infringement case brought by the solar equipment company against Voltage LLC.
Shoals Technologies Group, a leading supplier of solar equipment, has accused Voltage LLC of infringing its patents.
The US International Trade Commission, however, found no evidence to support these claims.
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