US Stock Market Move | CECEP Solar Energy concept stock plunges, Sunrun (RUN.US) drops over 43%

21:42 17/06/2025

On Tuesday, solar energy concept stocks tumbled.

On Tuesday, concept stocks of CECEP Solar Energy plummeted, with Sunrun (RUN.US) dropping over 43%, Solaredge Technologies (SEDG.US) dropping over 41%, and First Solar (FSLR.US) dropping over 22%. In terms of news, Republican members of the US Senate released a significant tax bill, planning to terminate government subsidies for wind energy and CECEP Solar Energy industry sooner than other types of energy. It is understood that this Senate version of the bill plans to end incentives for wind energy and CECEP Solar Energy by 2028.

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