Why Solar Energy Stocks Popped Again Today
Shares of solar energy stocks had another outstanding day on Thursday as the entire renewable energy sector pushed higher. The election certification was certainly seen as a positive, as was the prospect of a more favorable policy and regulatory environment.
The hottest solar stocks of 2020 stayed hot in trading today. SunPower (NASDAQ: SPWR) was up as much as 10.5%, ReneSola (NYSE: SOL) climbed 38.8%, and Enphase Energy (NASDAQ: ENPH) popped as much as 9.4%. The three stocks were up 4.9%, 7.8%, and 4.4%, respectively, at 3:40 p.m. EST.
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Source Fool.com