Previous Close | 24.81 |
Open | 23.62 |
Bid | 26.06 x 63100 |
Ask | 26.17 x 61600 |
Day's Range | 24.77 - 25.99 |
52 Week Range | 16.64 - 38.80 |
Volume | |
Avg. Volume | 375 |
Market Cap | 5.539B |
Beta (5Y Monthly) | 2.28 |
PE Ratio (TTM) | 86.63 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | N/A |
U.S. residential solar company Sunrun Inc has teamed up with startup Lunar Energy Inc to operate virtual power plants (VPPs) of home solar and storage systems, a step toward transforming its vast customer network into a resource for power grids. Lunar, which is backed by Sunrun and Korean battery maker SK Group, is already operating 12 such systems for the California-based solar company from New England to Hawaii, the company will announce in a blog post on Tuesday. Sunrun has been pursuing VPPs as a means of leveraging the value of its customers' 48,000 home battery systems.
In the latest trading session, Sunrun (RUN) closed at $24.17, marking a -0.37% move from the previous day.
Yahoo Finance anchors Seana Smith, Dave Briggs, and Brook DiPalma discuss shares of Sunrun falling more than 6% on Wednesday after Barclays analyst downgraded the stock to Equal Weight from Overweight and slashed its price target.