Menu
sharewise sharewise
Log in
Sign up
Log in
Sign up
sharewise is moving On the weekend of 22/23 August the new sharewise becomes the main site. Have a look now and tell us what you miss. Go to the new sharewise What changes
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why QuantumScape, SolarEdge, and Sunnova Energy Plunged Today

TheMotleyFool 
0 0 12.11.24
Why QuantumScape, SolarEdge, and Sunnova Energy Plunged Today
 

Shares of clean energy leaders QuantumScape (NYSE: QS), SolarEdge (NASDAQ: SEDG), and Sunnova Energy (NYSE: NOVA) plunged on Tuesday, falling 4.4%, 10.5%, and 3% through Tuesday trading.

QuantumScape is an early-stage next-gen electric vehicle (EV) battery producer, SolarEdge is a rooftop solar inverter company, and Sunnova is a solar energy services company that offers long-term power production agreements (PPAs) to clients.

There are some commonalities among the three companies: Each is highly levered to the adoption of clean energy technologies, and each is losing money at the moment, and is therefore highly sensitive to long-term interest rates.

Continue reading


Source Fool.com

Like: 0
QS
Share

Comments

Not a member yet? Sign up for free!