Shoals Technologies Group Inc Ordinary Shares - Class A

SHLS: XNAS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$6.00FgjsnWhcyrfwb

Shoals Announces CEO Succession Plan, Stock Offering; Shares Fall

We maintain our $20 fair value estimate for Shoals following news of its CEO succession plan and the launch of a 20 million-share offering. We continue to view shares as overvalued despite the share price drop.

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