STEM - Why Renewable Energy Stocks Dropped on Tuesday
Shares of renewable energy stocks fell across the board on Tuesday as a number of factors hit the industry. After a strong run in the last month, and even better performance over the past year, it may have simply been time for stocks to take a breath.
There were a number of notable moves, but the ones that caught my attention were Stem (NYSE: STEM) , ReneSola (NYSE: SOL) , Sunworks (NASDAQ: SUNW) , and JinkoSolar (NYSE: JKS) dropping big today. Here's where they were at their lows today and how they closed the day.
Data source: Google Finance.
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Why Renewable Energy Stocks Dropped on Tuesday