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Global renewable energy stocks rise on US Democratic midterm election victory

Investing.com +1 · ·by G4L

FSLR
FSLR First Solar Inc
$191.61 -4.74%
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RUN RUN -2.40% NEE -0.10%NXT NXT -0.01%ENPH ENPH +2.16%PLUG PLUG +3.45%
  1. 1The Democrats secured control of both the Senate and the House in the US midterm elections.
  2. 2Vestas and Orsted shares rose between 5% and 7%.
  3. 3Nordex shares surged 8%, and SMA Solar shares surged 11.6%.

So what's the key point?

The Democrats won the US midterm elections and took control of Congress. This caused stock prices for renewable energy companies to rise significantly.

Source Investing.com +1 · View original ↗

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