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Why Sunrun's Shares Plunged 9.9% on Monday


Shares of residential solar installer Sunrun (NASDAQ: RUN) plunged as much as 9.9% in trading on Monday after the company announced preliminary fourth-quarter 2020 results. Shares closed near their lows for the day, down 9%. 

Management said that the company deployed 171.6 megawatts during the fourth quarter, up 10% from a year ago. Net earning assets, a measure of the present value of projects, were $2.9 billion. 

Image source: Getty Images.

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Source Fool.com

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