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Why Sunrun Stock Popped 12% Today

TheMotleyFool

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Shares of solar developer Sunrun (NASDAQ: RUN) jumped as much as 12% in trading today after the company reported first-quarter 2021 financial results. At the close, shares were still up 11.7%, just below the solar stock's daily high.

Quarterly revenue jumped 58.9% to $334.8 million, and the net loss was $23.8 million, or $0.12 per share. The increase in revenue was driven largely by the acquisition of Vivint Solar last year.

Image source: Getty Images.

Source Fool.com

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