Sunrun Stock Plummets 12.14% in Two Days, Trading Volume Ranks 386th Amid Board Chair Resignation and Political Uncertainty

On May 19, 2025, Sunrun (RUN) experienced a significant decline, with its stock price dropping by 7.84%, marking the second consecutive day of losses and a total decrease of 12.14% over the past two days. The trading volume for the day was $222 million, placing it at the 386th position in terms of daily trading volume.

Sunrun's stock faced pressure following the resignation of its board chair, which triggered investor unease and market volatility. This event led to a notable drop in the company's share price, reflecting broader concerns within the market.

Additionally, SIR Capital Management L.P. reduced its position in Sunrun by 39.8% in the fourth quarter, further contributing to the stock's downward trend. This move by a significant investor likely influenced market sentiment and added to the overall pressure on Sunrun's shares.

The solar energy sector as a whole experienced a downturn due to concerns over tax credits. A report detailed a Republican-led effort to accelerate the phase-out of key tax credits established under the Inflation Reduction Act, which created uncertainty for solar companies. This political risk led to a broad decline in solar stocks, with Sunrun being one of the most affected.

Despite the challenges, Goldman Sachs retained its 'Buy' rating for Sunrun and raised its price target from $12.00 to $15.00, indicating a 25% increase. This upgrade suggests that analysts still see potential in the company despite the recent setbacks.