Commentary on Orsted A few weeks ago, a big drop for Orsted. The markets as they react, the downdraft could have spilled over to other stocks.
First Orsted wanted to delay projects in the US because of inflation, high interest rates and lack of adequate subsidies.
But from reading an article today, it's as if nothing happened and the company will be a leader in US offshore wind farm development. Seeking more leases now.
Some short sellers made a lot of money. What now, go long?
.....further strengthens rsted’s leading position in US offshore wind energy and demonstrates the company’s commitment to building an American offshore wind industry, including a supply chain that creates jobs across the United States and drives innovation for the global market.