Shares of several solar companies, including Canadian Solar Inc. (NASDAQ: CSIQ), Enphase Energy, Inc. (NASDAQ: ENPH), First Solar, Inc. (NASDAQ: FSLR), and SolarEdge Technologies, Inc. (NASDAQ: SEDG), are trading higher Wednesday afternoon, possibly in response to President Joe Biden's recent announcement of increased tariffs on Chinese imports, which included a significant hike on solar cells.
RICHMOND, Calif., May 20, 2024 /PRNewswire/ SunPower received on May 17, 2024, a notice from The Nasdaq Stock Market LLC indicating that the Company is not in compliance with Nasdaq Listing.
“It felt as though the market briefly took a trip back to 2021 this week” — but the spike in GameStop and AMC shares will not be a long-lasting or market-moving event, according to experts.
A slew of U.S.
solar stocks jumped to life this week amid a resurgence in
retail investor buying so-called meme stocks and news that the
Biden administration is imposing new tariffs on Chinese.