Why SunPower, JinkoSolar, and Lithium Americas Stocks All Popped 10% (or More) Monday
Monday dawned bright for stocks in the renewable energy industry. Despite there being a dearth of really good news to explain the spikes, early trading showed that shares of solar panel installer SunPower (NASDAQ: SPWR), solar module maker JinkoSolar Holding (NYSE: JKS), and lithium miner Lithium Americas (NYSE: LAC) all charged ahead 10% or more. As of 1:45 p.m. EDT, SunPower stock is still holding onto 7.6% of its gains, JinkoSolar remains up 8.5%, and Lithium Americas (a supplier for rechargeable batteries for solar power) is still leading the pack with a 9.1% gain.
