Why Sunrun Inc.'s Shares Popped 12% Today
Shares of residential solar installer Sunrun Inc. (NASDAQ: RUN) jumped as much as 12.1% in trading Thursday, after the company announced a new marketing agreement with Comcast (NASDAQ: CMCSA). The 40-month agreement will make Sunrun the exclusive solar installer for Comcast cable, which the company hopes will be a big sales generator. Shares were still up 7.9% at 2:55 p.m. EDT.
Comcast will fold the solar offering into its Xfinity Home product, which is a security and home automation product. After a one-year pilot program, the two companies found it was worthwhile to expand the partnership.
Image source: Getty Images.
Source: Fool.com
Comcast Corp. Aktie
34,50 €
-5,61 %
Einige Buy-Einschätzungen dominieren bei Comcast Corp. gegenüber Sell-Einschätzungen.
Ein prognostiziertes Kursziel von 45 € für Comcast Corp. zeigt ein Potenzial von über 20% im Vergleich zum aktuellen Kurs von 34.5 €.
