SolarCity Unable To Recover From Wednesday's Rout

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SolarCity CorpSCTY
shares are trading lower by $1.20 at $17.63 in Thursday's session. It has been unable to rebound from Wednesday's nearly $8 decline after its Q4 report. Off the open, it attempted to rally into the $20 handle, but was turned back at $19.43. The ensuing decline has surpassed Wednesday's low ($18.26), falling all the way to $17.04. Since making that low, it has been finding intra-day resistance at $17.70.
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