Market Overview

Solar Stocks Tumble With Indexes, Feds to Look into SolarCity Books

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Solar stocks are falling along with the broader indexes.

  • First Solar (NASDAQ: FSLR) - down 3.4 percent.
  • Real Goods Solar (NASDAQ: RGSE) - down 3.9 percent.
  • SunPower (NASDAQ: SPWR) - down 6.1 percent.
  • Yingli Green Energy (NYSE: YGE) - down 8 percent.
  • Canadian Solar (NASDAQ: CSIQ) - down 8.9 percent.
  • SolarCity (NASDAQ: SCTY) - down 9 percent.
  • Sunedison (NASDAQ: SUNE) - down 9.61 percent.

News that the Feds are going through SolarCity's books “in effort to show the businesses overvalued sales contracts in order to claim millions in federal assistance” is not helping curb the decline.

Posted-In: California Watchdog Elon Musk Tori RichardsNews Movers Tech

 

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