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-0.00272691858200237 -0.000337618491105039 0.00392156862745096 -0.000389559797428846 -0.00241527074405923 0.00116867939228669 0.00662251655629142 0.0102584079989611
Stock impact report

Why Renewable Energy Stocks Plunged Today [Yahoo! Finance]

First Solar, Inc. (FSLR) 
Last first solar, inc. earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.firstsolar.com/investor-relations
Company Research Source: Yahoo! Finance
Not only is there speculation that subsidies could be cut back, but higher interest rates may lower the opportunity for renewable energy projects. Three of the biggest movers were First Solar (NASDAQ: FSLR) falling as much as 19.7%, Fluence Energy (NASDAQ: FLNC) falling 18.8%, and Brookfield Renewable Partners (NYSE: BEP) down 9.5%. At the close of trading, the stocks were down 10.1%, 13.2%, and 6.1%, respectively. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » The administration change coming in January will likely bring with it many policy changes, including the potential unwinding of some subsidies for the renewable energy industry. As part of the Inflation Reduction Act (IRA) there were massive subsidies given to companies manufacturing solar and energy storage products in the U.S., and if those go away it would be a huge negative for the industry. To put the impact into perspective, First Solar said it would gen Show less Read more
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