Investing.com -- Shares of Shoals Technologies Group experienced a record intraday drop of as much as 23% following an announcement from the US International Trade Commission.
The commission stated that it found no violations in a patent infringement case that the solar equipment company had levied against Voltage LLC.
Shoals Technologies Group, a leading provider of solar equipment, had accused Voltage LLC of infringing on its patents.
The US International Trade Commission, however, found no evidence to support these claims.
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