Why Solar Energy Stocks Jumped Thursday
Shares of solar energy stocks jumped almost across the board on Thursday as the industry got some good news about potential tariffs. Asian solar panel manufacturers led the way, but everyone from residential solar installers to adjacent equipment manufacturers experienced at least a small bounce.
At their peaks Thursday, Canadian Solar (NASDAQ: CSIQ) was up 15.6%, Daqo New Energy (NYSE: DQ) gained 10.3%, JinkoSolar (NYSE: JKS) was up 11.9%, and Enphase Energy (NASDAQ: ENPH) popped by 8.9%. Those stocks closed the session up 12.9%, 8.1%, 11%, and 8.2%, respectively.
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Source Fool.com
