Shares of Sunnova Energy International Inc (NOVA) are trading 23% higher at a price of $24.04 at the time of this writing.
The company reported strong Q2 results and investors responded by buying! Revenue increased 24%. Additionally reports indicate that Senate Majority Leader Chuck Schumer and Sen. Joe Manchin have reached a deal on an ambitious climate spending package. This news has caused investors to respond positively, with alternative energy stock prices increasing as a result.
Sunnova Energy International Inc has been trading between a 52-week high of $46.4 and a 52-week low of $12.47. The stock has a market cap of $2.76 Billion.
Sunnova Energy International Inc. (NYSE: NOVA) is a leading residential solar and energy storage service provider with customers across the U.S. states and its territories. Sunnova's goal is to be the leading provider of clean, affordable and reliable energy for consumers, and it operates with a simple mission: to power energy independence so homeowners have the freedom to live life uninterrupted™.
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:Legitimate_Action761 - 2 upvotes -
sourceWhoa - TSLA, FSLR, PLUG, RUN, SPWR, BLNK, NOVA