Sunrun Earnings Reveal 2 Silver Linings for Battered Solar Stocks
It is hardly a surprise that solar stocks took a dive after Donald Trump won the 2024 presidential election, given the president-elect’s mantra of “drill, baby, drill.” The California-based solar installer reported a wider-than-expected loss late Thursday. Firstly, Sunrun delivered a second consecutive quarter of positive cash generation and provided a strong cash generation outlook for the current quarter.