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Sunrun Earnings Show Solar Is Headed for Tough Times
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Shares of Sunrun the country’s largest rooftop solar company, hit a new 52-week low on Friday after the company said that residential solar installments are unlikely to grow this year. The earnings report only reinforced that the solar industry faces a slew of challenges in the early days of the Trump administration. Sunrun stock was down 7.8% to $7.30, on track to close at its lowest level since March 2018.
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