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Sunnova Energy International Inc. (NOVA) is down in the market despite no immediate news from the company to justify the sudden drop. The company had reported the pricing of securitization of third-party-owned solar and storage assets last week.


RTTNews | Jun 21, 2021 11:16AM EDT

11:15 Monday, June 21, 2021 (RTTNews.com) - Sunnova Energy International Inc. (NOVA) is down in the market despite no immediate news from the company to justify the sudden drop. The company had reported the pricing of securitization of third-party-owned solar and storage assets last week.

The shares have behaved erratically since the opening of the day. It has been steadily declining over the past month. The stock is trading at $33.62, down$0.76 or 2.21% since closing at $34.09 on Friday. In the 52-week period, the shares have traded in the range of $15.89 and $57.70

Texas-based Sunnova provides residential solar energy-related services in the country along with its subsidiaries. The company has the capacity to generate 790 megawatts of electricity for 107 thousand users.

Read the original article on RTTNews ( https://www.rttnews.com/3203805/what-is-driving-down-sunnova-shares.aspx)

For comments and feedback: contact editorial@rttnews.com

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