Featured in Best in class – 01-2020

Election spooks investors

The Invesco Solar exchange-traded fund (ETF) was down month on month in October 2024 as investors grappled with the uncertainty of the US presidential election. A potential rollback of tax credits for clean technology businesses and the threat of new tariffs both played a role, says Jesse Pichel, of Roth Capital Partners.

By

pv magazine

03 Dec 2024

The Invesco Solar ETF decreased 6.7% in October 2024, underperforming against the S&P 500 and Dow Jones Industrial stock indexes, which declined 0.1% and 0.9%, respectivelyThe top US-listed solar-related stocks for the month were Altus Power Inc., up 10%; Maxeon Solar Technologies Ltd., which rose by 9%; and Daqo New Energy Corp., up by 9%. …

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