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Why Brookfield Renewable Stock's Fall This Week Is an Opportunity

TheMotleyFool

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Why Brookfield Renewable Stock's Fall This Week Is an Opportunity: https://g.foolcdn.com/editorial/images/704901/an-aerial-view-of-a-running-nuclear-power-plant-station-with-two-nuclear-reactors.jpg

Brookfield Renewable Corporation (NYSE: BEPC) stock slumped this week, losing 10.5% in value through 2 p.m. ET Friday, according to data from S&P Global Market Intelligence. With this week's loss, the renewable energy stock has now tumbled almost 26% in just a month.

Brookfield Renewable made a major growth move this week, but weak market sentiment continued to weigh down on the stock's price.

Inflation data has been among the biggest drivers of volatility in the stock markets in recent months. This week was no different, with the latest inflation report revealing yet another larger-than-expected rise in consumer prices for September.

Source Fool.com

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