Scalper1 News
Heavyweight investor Appaloosa Management sued SunEdison (SUNE) to prevent a SunEd yield company from buying Vivint Solar’s (VSLR) rooftop portfolio, Reuters reported Wednesday. In afternoon trading on the stock market today, Vivint Solar stock crashed 6%, while shares of SunEdison and its TerraForm Power (TERP) yieldco were down 4% and 5%, respectively. Overall, IBD’s 22-company Solar-Energy industry group was down 4.5% Wednesday afternoon. The Scalper1 News
Scalper1 News