Today
+0.31%
5 Days
-11.66%
1 Month
+53.24%
6 Months
+147.08%
Year to Date
+73.62%
1 Year
-16.48%
The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a very weak market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
TradingKey - On July 1, the U.S. Senate passed Trump’s tax and spending bill by a razor-thin one-vote margin. The revised version includes enhanced tax credits for semiconductor manufacturers, while notably excluding feared tariffs on imported wind and solar components — bringing relief to clean
TradingKey - In a narrow 51 to 50 vote, the U.S. Senate passed the tax bill on Tuesday, July 1st, Eastern Time, notably omitting the previously contentious provision imposing new consumption taxes on wind and solar projects. This development sent U.S. clean energy stocks soaring.
TradingKey - The Senate’s new version of the tax bill, known as the “Big Beautiful Bill,” could deliver a significant hit to the clean energy sector. It accelerates the phase-out of clean energy subsidies and introduces new consumption taxes targeting wind and solar sectors.
TradingKey - On Thursday, May 22nd, U.S. solar stocks experienced an intraday plunge as President Trump's tax bill slashed tax credits for clean energy, more aggressively than anticipated.
Shares of solar stocks, including rooftop solar provider Sunrun (NASDAQ: RUN), renewables-focused utility NextEra Energy (NYSE: NEE), and renewable power provider AES Corp. (NYSE: AES), plunged on Thursday, falling 40%, 9.1%, and 5.2%, respectively, as of 12:50 p.m. ET.