Renewable energy companies are particularly struggling while facing a heavy hand of economic headwinds, volatile markets, and higher for longer interest rates. These pressures have squeezed solar energy stocks over the past couple of quarters as consumers appear less inclined to spend on solar installations. In addition, California — the biggest U.S. market for solar panels — cut down on solar panel incentives earlier this year.
Yahoo Finance Reporter Ines Ferre joins the Live show to discuss how this sector of the market is hurting and what this means for electricity prices going forward.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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The editing in this video is on point!