Shares of Sunnova Energy International Inc. (NOVA), a leading residential solar energy provider, soared nearly 6% in after-hours trading on Tuesday, following the projected victory of former President Donald Trump in the 2024 presidential election.
The rally in Sunnova's stock price was driven by expectations that a Trump administration would be less supportive of renewable energy policies and incentives compared to the Biden administration's push for clean energy initiatives and investments.
As reported by CNN, a Trump victory is widely anticipated to result in the repeal of tax credits and other incentives for solar and renewable energy companies that were previously promoted under the Inflation Reduction Act. This policy shift could potentially hinder the growth and adoption of solar energy solutions, negatively impacting companies like Sunnova that specialize in residential solar panel installations and services.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。