UPDATE: Piper Sandler Downgrades Sunrun (RUN) to Neutral

Go back to UPDATE: Piper Sandler Downgrades Sunrun (RUN) to Neutral

Sunrun (RUN) IV bid after US Senator Joe Manchin reportedly said to Democratic leaders that he wouldn't support new climate spending

July 15, 2022 10:25 AM EDT

Sunrun (NASDAQ: RUN) 30-day option implied volatility is at 94; compared to its 52-week range of 57 to 136 as shares sell off 12% after US Senator Joe Manchin reportedly said to Democratic leaders that he wouldn't support new climate spending or tax increases.

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Manchin Says Can Pass Climate, Taxes In Sept If It's Good Bill - Bloomberg

July 15, 2022 10:20 AM EDT

Manchin Says Can Pass Climate, Taxes In Sept If It's Good Bill - Bloomberg

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Solar Stocks Tumble On Reports Manchin Won't Support New Climate Spending

July 15, 2022 10:03 AM EDT

Solar stocks tumbled Friday after US Senator Joe Manchin reportedly said to Democratic leaders that he wouldn't support new climate spending or tax increases.

According to multiple sources, Manchin told Majority Leader Chuck Schumer he is only willing to back lower prescription drug pricing legislation and extend enhanced Affordable Care Act subsidies.

Shares of companies such as First Solar,... More

Pre-Open Movers: Pinterest Gains on Elliott Stake, Solar Stocks Fall on Manchin

July 15, 2022 9:15 AM EDT

Pre-Open Stock Movers:

Codexis, Inc. (NASDAQ: CDXS) 25% LOWER; announced preliminary revenue results for the second quarter ending June 30, 2022 and updated its revenue guidance for 2022. Codexis currently expects total revenues for the second quarter of 2022 to be approximately $38 million, and total revenues for full year 2022 are expected to be in the range of $135 million to $141 million. (Consensus sees Q2 revenue of $40 million and FY revenue of $155 million)

10x Genomics, Inc. (Nasdaq: TXG) 23% LOWER; reports preliminary Q2 results, with revenue... More

Solar Stocks Lower; Manchin Crushes Biden's Hopes for Revival of Economic Agenda - Bloomberg

July 15, 2022 7:12 AM EDT

Solar stocks were lower pre-open after Senator Joe Manchin told Democratic leaders he wouldn't support new spending on climate measures and tax increases.

According to Bloomberg sources, Manchin told Majority Leader Chuck Schumer he is only willing to support legislation to lower prescription drug prices and extend enhanced... More