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.
Source Fool.com