Sunrun Plunges 4.72% as Trump Rejects Green Energy Projects and Ranks 410th in $220M Trading Volume

Sunrun (NASDAQ:RUN) closed August 21 with a 4.72% decline, trading at $14.42 per share, as the stock ranked 410th in trading volume with $220 million exchanged. The drop followed President Trump’s announcement rejecting new solar and wind project approvals, triggering a sector-wide sell-off in renewable energy stocks.

The administration’s stance against “wind or farmer destroying solar” projects intensified concerns over policy risks for green energy firms. Sunrun’s shares fell amid broader declines in solar peers like First Solar and SolarEdge, reflecting investor uncertainty about regulatory headwinds. Despite this, Sunrun’s year-to-date gain of 41.2% contrasts with its 32.9% pullback from its 52-week high, indicating mixed market sentiment.

Strategic moves, including the acquisition of Vivint Solar, aim to strengthen Sunrun’s residential solar market position. Analysts highlight potential growth from rising electricity costs and environmental advocacy. However, regulatory shifts and sector volatility remain critical risks, with the stock’s 8% intraday drop underscoring sensitivity to political and policy developments.

The strategy of buying the top 500 stocks by daily trading volume and holding them for one day from 2022 to now delivered a compound annual growth rate of 6.98%, but faced a 15.59% maximum drawdown. While demonstrating steady growth, the mid-2023 downturn underscores the need for risk management in high-volume trading approaches.