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Stock impact report

Solar Stocks Surge After Manchin Throws Support Behind Energy Bill [MarketWatch]

Sunnova Energy International Inc. (NOVA) 
Last sunnova energy international inc. earnings: 2/24 04:43 pm Check Earnings Report
Company Research Source: MarketWatch
They also were getting a lift from Sunnova Energy (ticker: NOVA), which saw its stock soar more than 10% after the company reported better-than-expected second-quarter revenue. First Solar (FSLR) rose 7.2% early Thursday, SunRun jumped 7.5%, SunPower (SPWR) was up 8.2% and Enphase Energy (ENPH) gained 3.7%. Enphase , the solar equipment maker, on Tuesday posted beats on second-quarter earnings and revenue, and CEO Badri Kothandaraman said that third-quarter demand was “very robust and exceeds the higher end of our guidance range.” The Invesco Solar ETF (TAN) was rising 4.6%. Manchin (D., W.Va.) had been a holdout among Democrats on a laundry list of social, climate and other policies. But in a surprise turnaround, Manchin and Senate Majority Leader Chuck Schumer announced Wednesday an agreement on a reconciliation bill that would invest $370 billion in clean energy and climate change programs as part of a larger package that expands health insurance subsidies and reforms pres Show less Read more
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