2 Solar Stocks Sliding With Trump Energy Tax Update

Group 1: Market Impact - Solar stocks are declining following the White House's decision to eliminate clean energy subsidies, specifically the clean-electricity tax credits [1] - Sunrun Inc (NASDAQ:RUN) shares fell by 9.3% to $10.08, while First Solar Inc (NASDAQ:FSLR) shares decreased by 4.5% to $169.08 [1] Group 2: Company Performance - Sunrun stock received an upgrade from Keybanc to "sector weight" from "underweight," attributed to near-term tailwinds from market consolidation after competitor bankruptcies [2] - Year-to-date, Sunrun's equity has increased by 8.2% despite recent downturns [2] - First Solar experienced a bear gap in mid-June after the spending bill passed, leading to a rally until the recent drop, with a year-to-date decline of 3.2% [3]