Why Sunnova Energy Stock Burned So Brightly Today

The company simply crushed analyst profitability estimates in its latest quarter. Market sentiment changed abruptly on previously down-and-out stock Sunnova Energy (NOVA 17.40%) on Thursday. The company delivered quarterly results that surprised greatly on the upside, and investors showed their appreciation by pushing the stock's price up by more than 17% across the day. By contrast, the S&P 500 index suffered a slump of 1.4%. Revenue jump and a net loss diet After market hours Wednesday, Sunnova said that ...