Explore more
Solar stocks plunge on Senate bill’s tax-credit phaseout
Digest more
Top News
Impacts
SunRun shares plummeted Tuesday, leading a steep sell-off in solar energy stocks after the Senate maintained the full removal of clean-energy tax credits in its version of the budget bill. Monitor these key chart levels.
Many parts of the U.S. were sunny on Tuesday, but that happy situation didn't extend metaphorically to solar energy stocks. One of the industry's victims was First Solar (NASDAQ: FSLR), which went dim with a nearly 18% decline in its share price.
Update: The 300W power station isn’t available anymore but you can enjoy a 44% off on the very best 1500W Jackery power station here:
The solar industry has been trading jabs all year, but Washington may have delivered the knockout punch. Consequently, solar stocks have taken their investors on a steep slide, with the trend pointing mostly south.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.
Feedback