Between March 1 and March 18, SolarCity’s shares rose 50 percent, to $27.06. And over the last three days, SolarCity has given back more than 17 percent of that, including a loss of almost 10 percent on Wednesday, to close at $22.36 a share. The only major event involving SolarCity of late came Tuesday, when the company closed a new tax equity fund of $131 million to cover the costs of solar equipment and installation for consumers.
San Jose Mercury News. February 24 2016
Monty Bannerman
ArcStar Energy
+1-646-402-5076
www.arcstarenergy.com
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