Why AES Corporation Stock Flopped Today
AES(US:AES) The Motley Fool·2025-06-30 21:24The latest political developments in Washington, D.C., cast a shadow over renewable energy stocks on Monday. Reacting to news that very late-stage revisions to the One, Big, Beautiful Bill would impose a new set of taxes on the solar and wind segments, investors traded out of energy companies involved in those niches.One victim was the renewables-embracing AES Corporation (AES -1.87%), whose shares took it on the chin with a nearly 2% decline on the day. Meanwhile, the benchmark S&P 500 index closed Monday ...