Why ReneSola's Shares Plunged 36% on Wednesday

Travis Hoium, The Motley Fool
·1-min read
Why ReneSola's Shares Plunged 36% on Wednesday

Shares of solar project developer and operator ReneSola (NYSE: SOL) fell as much as 36% in trading Wednesday after the company reported third-quarter 2020 financial results. Shares of ReneSola have been very volatile in 2020 and now that financial results are starting to come out investors are setting more realistic expectations.