Nordex lands 60-megawatt turbine deal—but its stock price crashes instead
Wind turbine manufacturer Nordex has secured a major new contract for 12 turbines, yet its share price fell sharply after the announcement. Investors appeared to follow a 'sell the news' approach, pushing the stock lower despite the positive deal. The move marks a sudden reversal after weeks of rising prices for the company’s shares.
The contract involves 12 turbines of the N133/4.8 model, with a combined capacity of around 60 megawatts. Construction is scheduled for 2027, and the agreement includes a long-term premium service deal. Despite the win, traders quickly sold off Nordex shares, breaking the stock’s recent upward trend.
Nordex’s new turbine contract adds 60 megawatts to its future projects, yet the market reaction was negative. The stock’s technical position has weakened, with key support levels now under watch. The company’s next moves will determine whether the sell-off stabilises or continues.
