Sunrun ( (RUN) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Sunrun’s stock movement has been influenced by its recent financial results and strategic initiatives, which have prompted analysts to raise price targets due to record subscriber value growth and high storage attachment rates. The company benefits from favorable tax treatment and a strong position in the residential solar market. However, concerns over cash generation issues and insider selling have led to a mixed outlook, affecting the stock’s performance.
More about Sunrun
YTD Price Performance: 17.53%
Average Trading Volume: 24,438,047
Technical Sentiment Signal: Sell
Current Market Cap: $2.07B
For further insights into RUN stock on TipRanks’ Stock Analysis page.
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