SOL - Why Solar Energy Stocks Are Up Big Today
Shares of solar energy stocks had a big day again on Thursday as the entire industry shot higher. A rising stock market and investors piling back into clean energy stocks overall has certainly helped. But there is some positive news about the industry's finances as well.
Leading the way, Sunrun (NASDAQ: RUN) rose as much as 12.5% in early trading and is up 11.6% at 11:55 a.m. EDT. Sunworks (NASDAQ: SUNW) hit a 10.6% gain and is now up 9.3%, ReneSola (NYSE: SOL) rose as much as 18.2% and is now up 13.8%, and SunPower (NASDAQ: SPWR) is at its daily highs up 11%.
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Why Solar Energy Stocks Are Up Big Today