Why Canadian Solar Plummeted Today
Lower-than-expected earnings and comments from President Trump sparked an especially bad drop amid sectorwide underperformance for solar stocks. Speaking of Qu's mention of a "new paradigm," President Donald Trump cast a pall over the entire solar sector today with a post on his social media platform, Truth Social, writing: Any State that has built and relied on WINDMILLS and SOLAR for power are seeing RECORD BREAKING INCREASES IN ELECTRICITY AND ENERGY COSTS. THE SCAM OF THE CENTURY! We will not approve wi ...