Trump's Tariffs: Sunnova Stock Drops 3.35%!
Wednesday, Jun 4, 2025 10:48 am ET1min read
NOVA--
Sunnova Energy International Inc. fell 3.35% during intraday trading. The decline occurred amidst a broader market rally, with stock futures rising on positive labor-market data and a tech rally. However, the stock's movement may be attributed to President Trump's comments on the trade truce with China and the immediate increase in tariffs on imported steel and aluminum, which could negatively impact the company's operations and supply chain.
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