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Why Enphase Energy, Sunrun, SolarEdge Technologies And SunPower Shares Are Falling Today

Published 02/03/2022, 17:28
Updated 02/03/2022, 18:10
© Reuters.  Why Enphase Energy, Sunrun, SolarEdge Technologies And SunPower Shares Are Falling Today
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Shares of solar and clean energy companies, including Enphase Energy Inc (NASDAQ: ENPH), Sunrun Inc (NASDAQ: RUN), SolarEdge Technologies Inc (NASDAQ: SEDG) and SunPower Corporation (NASDAQ: SPWR), are all trading lower as the sector pulls back following recent strength, which has been driven by surging oil prices and hopes of a move away from Russian energy dependence.

Solar and clean energy companies may also be falling in sympathy with First Solar, Inc. (NASDAQ: FSLR) after the company reported worse-than-expected fourth-quarter sales results and issued FY22 guidance... Read More

  • Enphase Energy is trading lower by 5.1% at $161.96
  • Sunrun is trading lower by 8.6% at $25.71
  • SolarEdge Technologies is trading lower by 4.4% at $310.52
  • SunPower is trading lower by 4.8% at $17.14
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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