Why Shares of Sunrun Jumped 36.3% in September
Shares of residential solar installer Sunrun (NASDAQ: RUN) jumped 36.3% in September, according to data provided by S&P Global Market Intelligence, after getting over a big hurdle in acquiring Vivint Solar (NYSE: VSLR). It didn't hurt that renewable energy stocks overall had a great month as well.
The biggest news from Sunrun itself was an announcement that the Justice Department had granted an early termination of an antitrust waiting period. This paves the way for Sunrun to acquire Vivint Solar, with the deal expected to close any day.
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Source Fool.com
