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Stock impact report

Why Solar Energy Stocks Skyrocketed Today [Yahoo! Finance]

Array Technologies, Inc. (ARRY) 
Last array technologies, inc. earnings: 5/7 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Of course, election speculation played a role in the move, but it's also not the only reason it happened, which I'll get to. Shares of Sunnova Energy (NYSE: NOVA) jumped as much as 15% today, Array Technologies (NASDAQ: ARRY) was up 15.4%, and Sunrun (NASDAQ: RUN) popped 10.7%. The stocks were up 11.3%, 14.2%, and 8.6% respectively at 3 p.m. ET. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » The final hours before the election continue to see investors position themselves for different outcomes. A tightening of the race has caused some investors to think solar energy stocks could be big winners under a Harris administration. But before buying that narrative, consider that most solar stocks struggled over the past four years, with some companies going bankrupt. Subsidies and incentives from one side of the aisle or the other can be great for speculation, but they often have the opposite effect of what investors think Show less Read more
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