✉news EnvironmentEnergy first seen 1 d ago, last 17 h ago, peak #5
Solar Stocks Rebound as Enphase and Sunrun Climb
Original: Enphase Jumps 11%, Sunrun Spikes 10% as Solar Stocks Rebound From Last Week's Earnings Rout; First Solar Climbs 5%
Solar stocks bounced back after a bruising week tied to earnings. Enphase Energy jumped 11%, Sunrun climbed 10%, and First Solar rose 5% as investors bought back into the sector following last week's selloff. The rebound comes after disappointing earnings from key players knocked down solar share prices, prompting traders to scoop up beaten-down names in hopes the sector has found a floor.
Why now: Traders are reacting to a sharp one-day rebound in solar stocks after a week of heavy losses on weak earnings.
Enphase EnergySunrunFirst Solar
Evidence
- Enphase Jumps 11%, Sunrun Spikes 10% as Solar Stocks Rebound From Last Week's Earnings Rout; First Solar Climbs 5% · 24/7 Wall St.
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