Silicon and inverters slip
Month-to-date (MTD), the Guggenheim Solar ETF (TAN) was down 3.5%, underperforming the broader market, which saw the S&P 500 and Dow up 0.1% and 1.1% respectively.
While all solar sectors dropped ahead of SPI Anaheim on September 25, inverter and polysilicon stocks were hit hardest by a new round of tariffs and the weakness in polysilicon prices, which fell 10% and 9% on average, respectively.On Friday September 14, U.S. President Trump approved tariffs on the $200 billion list of imports from …
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