Solar Stocks Dive Amid Speculation on Biden's Nomination
Sectors & Industries
Following a poor debate performance, prominent politicos are speculating that Joe Biden may not be the Democratic nominee in November.
Biden was unable to keep facts straight or recall many statistics during the debate. Media reactions and political discussions suggest that Biden's candidacy is now in serious jeopardy.
Post-debate polls suggest that Trump leads Biden 67% to 33%. However, reports indicate that President Biden remains committed to his campaign and plans to participate in a second debate with Donald Trump in September.
Shares of solar companies like First Solar (FLSR) sank on Friday on concerns a Trump presidency would roll back incentives for solar that have helped spur interest in solar and bring costs down on solar panels.
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