Solar Stocks Tumble as GOP Tax Bill Takes 'Sledgehammer' to Green Subsidies
Renewable energy stocks tumbled after the House of Representatives passed a tax bill that effectively nullifies many Biden-era green energy initiatives, a move seen as deeply damaging to the solar sector.
Shares of SunRun (RUN) tumbled more than 38%, while Enphase Energy (ENPH) dropped 19% to lead S&P 500 decliners.
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