Here's Why TPI Composites Soared in November

Lee Samaha, The Motley Fool
·2-min read
Here's Why TPI Composites Soared in November

Shares in wind blade manufacturer TPI Composites (NASDAQ: TPIC) soared 21.5% in November according to data provided by S&P Global Market Intelligence. Second, management claimed the company was making progress on the service side of the business and it continues to expand manufacturing lines in order to provide for long-term supply agreements (LTSA). As a reminder, TPI Composites is the largest independent manufacturer of composite wind blades in the world and its customers are leading wind power companies such as Vestas, General Electric, Siemens Gamesa, and Nordex.