SolarCity CEO Pledges To Curb Growing Losses By 2017

By | October 30, 2015

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SolarCity (SCTY) stock sunk to a 29-month low Friday after the No. 1 residential solar installer announced deeper Q3 losses and said it expects a much lower solar-installation growth rate for 2016 than in recent years. In afternoon trading in the stock market today, SolarCity stock was down 22%, below 30, and earlier touched 28.14, its lowest price since May 2013. The last time shares were that low, SolarCity stock was still amid a growth spurt Scalper1 News

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