Sunrun Stock Surges 159% in Volume to Rank 308th as Investors Bet on Solar Credits

Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 24, 2025 7:39 pm ET1min read

On June 24, 2025,

(RUN) experienced a significant surge, with its trading volume reaching $274 million, marking a 159.03% increase from the previous day. This surge positioned Sunrun as the 308th most traded stock of the day. The company's stock price rose by 15.38%, marking the fourth consecutive day of gains and a total increase of 24.57% over the past four days.

Sunrun's recent stock performance can be attributed to the potential tax credit changes proposed by the U.S. Senate. The Senate's proposal to phase out solar and wind tax credits by 2028 has raised concerns among investors, leading to a significant drop in Sunrun's stock price earlier this month. However, the recent surge in solar stocks, including Sunrun, suggests that investors are optimistic about the potential boost in rooftop solar credits.

RBC Capital Markets recently downgraded Sunrun's price target to $5, citing concerns over the proposed legislation. However, the recent surge in Sunrun's stock price suggests that investors are not deterred by the potential tax credit changes and are optimistic about the company's future prospects.

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