Solar Stock Slump Extends Into 2024 as Trump Election Odds Rise [Financial Post (Toronto, Ontario, Canada)]
KeyCorp (KEY)
Last keycorp earnings: 4/16 06:30 am
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — Solar stocks, already battered by falling prices, tariffs and rising borrowing costs face another potential threat over the coming months: Donald Trump. In 2016 — a year that culminated in Trump's surprise victory — a gauge of global solar stocks tumbled 45%. In 2020, the benchmark more than tripled as Joe Biden secured the presidential election. After three years of losses, the current election cycle promises more stomach-churning moves. Article content Article content In reality, solar companies face more pressing problems than who sits in the White House, including the Federal Reserve's interest-rate path, pricing pressures and US-China trade relations. But in markets, sentiment often rules. “The investor perception played a greater role than the actual fundamental outcome,” said Sophie Karp, a utility analyst at KeyBanc Capital Markets. “T
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KEY
Earnings
- 4/18/24 - Miss
KEY
Sec Filings
- 4/18/24 - Form 8-K
- 4/2/24 - Form 4
- 4/2/24 - Form 4
- KEY's page on the SEC website