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Genie Energy shares fall 17.73% intraday after Q2 revenue growth and EBITDA decline.
ByAinvest
Thursday, Aug 7, 2025 12:40 pm ET1min read
Genie Energy Ltd. dropped 17.73% intraday, with the company reporting a sharp decline in adjusted EBITDA to $3 million from $12 million in Q2. The company also announced a pause on new solar projects due to the tax credit phase-out, which may have contributed to the stock's decline.
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