Why Solar Energy Stocks Jumped on Tuesday
Shares of solar energy stocks had another great day on Tuesday, climbing on the back of a rising market and some good news for the industry. Gains were widespread, but there were a few companies that led the industry today.
SunPower (NASDAQ: SPWR) was up as much as 18.2%, JinkoSolar Holding (NYSE: JKS) was up 9.9%, and Enphase Energy (NASDAQ: ENPH) jumped 7%, while developer Brookfield Renewable Partners (NYSE: BEP) rose 5% at its peak. The stocks were up 17%, 9.5%, 5.2%, and 4.8% respectively as of 3 p.m. EDT.
Image source: Getty Images.
Source Fool.com