Why Sunrun's Shares Plunged 13.5% Today

Why Sunrun's Shares Plunged 13.5% Today

Shares of Sunrun (NASDAQ: RUN) plunged by as much as 13.5% in trading on Wednesday due in part to a downgrade and general weakness in the market. Truist Securities analyst Tristan Richardson cut his price target for Sunrun from $116 per share to $95 per share. It didn't help that growth stocks and solar energy stocks were both down big Wednesday.