SolarCity, SunPower Projected For Q3 Losses

By | October 28, 2015

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No. 1 solar installer SolarCity (SCTY) shadowed a regular-session uptrend in IBD’s Solar-Energy industry group on Wednesday, potentially feeling heat Wall Street’s forecast for massive losses when the company reports its fiscal Q3 late Thursday. SunEdison (SUNE) stock led the way Wednesday, up 11% on news of a license deal with Solaria, a solar panel manufacturer. According to the press release, SunEdison agreed to license Solaria’s manufacturing Scalper1 News

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