Coalition of US Wind-Tower Players Looking for Antidumping Duties Against Chinese, Vietnamese Imports (FAN)
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Traders should watch stocks of wind-power related companies as Bloomberg is reporting a coalition of US wind-tower companies has filed a petition with the Commerce Department seeking antidumping duties against imports from China and Vietnam.
The First Trust Global Wind Energy ETF (NYSE: FAN) is now up 0.5 percent. Others which could see effects from the petition: GE (NYSE: GE) NRG Energy (NYSE: NRG), Broadwind Energy (Nasdaq: BWEN), MasTec (NYSE: MTZ), Quanta Power (NYSE: PWR) and Alpine Global Premier Properties Fund (NYSE: AWP).
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The First Trust Global Wind Energy ETF (NYSE: FAN) is now up 0.5 percent. Others which could see effects from the petition: GE (NYSE: GE) NRG Energy (NYSE: NRG), Broadwind Energy (Nasdaq: BWEN), MasTec (NYSE: MTZ), Quanta Power (NYSE: PWR) and Alpine Global Premier Properties Fund (NYSE: AWP).
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