VSLR - Why SolarEdge Sunrun and Vivint Solar Stocks All Popped Today
For the second day in a row, stock markets are surging, buoyed by positive news on the coronavirus front: two straight days of "effectively flat" COVID-19 mortalities in New York City, a slowing death rate in southern Europe, and a presidential pronouncement that there's "light at the end of the tunnel."
In early trading Tuesday as of 10:55 a.m. EDT, stock indices are broadly higher, up about 1% on the Dow and S&P 500. Solar stocks are doing even better than that, with solar inverter-maker SolarEdge (NASDAQ: SEDG) still up 5% after topping 11% earlier in the morning, and residential solar-installers Sunrun (NASDAQ: RUN) and Vivint Solar (NYSE: VSLR) still up 10% and 15.7%, respectively.
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