Business

Wind blade maker TPI Composites stock tumbles after UBS warns investors to sell ahead of earnings

Shares of TPI Composites Inc. tumbled to a 13-month low Friday, after UBS analyst Jon Windham warned shoppers to promote forward of earnings, citing rising threat that continued provide chain and logistics challenges will result in disappointing earnings, for the remainder of this 12 months and for 2022.

The inventory TPIC fell 9.9% to $29.53, the bottom shut since Oct. 2, 2020.

Windham…

https://www.marketwatch.com/story/wind-blade-maker-tpi-composites-stock-tumbles-after-ubs-warns-investors-to-sell-ahead-of-earnings-11636138474?rss=1&siteid=rss | Wind blade maker TPI Composites inventory tumbles after UBS warns buyers to promote forward of earnings

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