Sunrun Stock Plummets 42.33% in Two Days as Senate Moves to Phase Out Solar Tax Credits Trading Volume Ranks 103rd

Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 17, 2025 7:46 pm ET1min read

On June 17, 2025,

(RUN) experienced a significant decline, dropping 40.18% over two consecutive days, resulting in a total decrease of 42.33%. The trading volume for the day was $664 million, making it the 103rd highest in the market.

Sunrun's stock price plummeted following the Senate's proposal to phase out tax credits for solar energy. This move led to a widespread sell-off in the solar sector, with Sunrun being one of the most affected companies. The Senate's plan to gradually eliminate tax credits starting in 2026 has raised concerns among investors about the future profitability of solar companies.

The Senate's decision to end tax credits for solar energy has had a profound impact on Sunrun's stock price. The company, which relies heavily on government incentives to make solar energy affordable for consumers, has seen its stock value drop significantly. This development has raised questions about the long-term viability of solar energy investments and the potential for further declines in the sector.

Comments



Add a public comment...
No comments

No comments yet