SPWR - Solar stocks on the move after Biden signs flurry of climate orders
Solar stocks ([[TAN]] +4.0%) surge across the board, a day after Pres. Biden moved to rejoin the Paris climate agreement and signed a series of executive orders focused on combating climate change just hours after taking the oath of office.SunPower ([[SPWR]] +14.4%), Maxeon Solar ([[MAXN]] +12.0%) and Canadian Solar ([[CSIQ]] +8.2%) have jumped to new 52-week highs today, while others sporting sizeable gains include [[ENPH]] +4.1%, [[SEDG]] +5.5%, [[FSLR]] +4.8%, [[NOVA]] +5.3%, [[RUN]] +5.8%.Fuel cell and biofuel makers also trade mostly higher, including [[PLUG]] +3.3%, [[FCEL]] +5.2%, [[BLDP]] +1.7%, [[GEVO]] +7.3%, [[REGI]] +3.6%.ENPH, RUN, SEDG and SPWR shares all have more than tripled over the past year.
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Solar stocks on the move after Biden signs flurry of climate orders