Ftc Solar, Inc. after-hours up 1.98% following U.S. Supreme Court's Chevron deference overturn, impacting legal climate for federal regulations.
ByAinvest
Friday, Jun 28, 2024 4:27 pm ET1min read
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Ftc Solar, Inc. experienced a 1.98% increase in after-hours trading, driven by the aftermath of the U.S. Supreme Court's decision to overturn the Chevron deference doctrine. This legal development, which had long been a point of contention between businesses and regulators, particularly impacts Chevron's past regulatory actions and could potentially lead to changes in the way federal agencies interpret ambiguous laws. Although the news event directly relates to Chevron, the connection to Ftc Solar is speculative, as it is not clear if the ruling will have a direct impact on Ftc Solar's operations or industry stance. Investors may be speculating on the potential implications of the Supreme Court decision for the broader renewable energy sector, including Ftc Solar's future regulatory environment.

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