TAN - Green energy stocks ETFs surge after Biden clinches Electoral College
Alternative energy stocks and related ETFs are surging today after Joe Biden clinched victory in the Electoral College, continuing the outperformance that tracked the likelihood that Democrats would control the White House.Solar stocks are shining brightly: [[SPWR]] +12.8%, [[JKS]] +12.4%, [[ENPH]] +10.2%, [[CSIQ]] +8.3%, [[SEDG]] +6.1%, [[FSLR]] +3.2%.Clean energy stocks trade broadly higher: [[PLUG]] +9.6%, [[BE]] +8.5%, [[CLNE]] +8.1%, [[BLNK]] +7.2%, [[FCEL]] +4.5%, [[BLDP]] +3.8%.The Invesco Solar ETF ([[TAN]] +6.6%), SPDR S&P Kensho Clean Power ETF ([[CNRG]] +5.8%), iShares Global Clean Energy ETF ([[ICLN]] +3.9%) and ALPS Clean Energy ETF ([[ACES]] +4.3%) all sport gains of 4% of better.The TAN ETF has nearly tripled YTD, while the other related ETFs have more than doubled.
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Green energy stocks, ETFs surge after Biden clinches Electoral College