Why Brookfield Renewable Stock Skyrocketed in May

The rock-solid value stock finally found takers after record quarterly numbers, and it could rally even higher. Shares of Brookfield Renewable (BEPC 0.07%) (BEP 0.04%) scripted a dramatic comeback in May, surging double-digits and recouping all of their losses through April and some. While units of the partnership jumped 32.7% in May, corporate shares zoomed 35.7% last month according to data provided by S&P Global Market Intelligence. What changed so fast in May that sent shares skyrocketing for a stock do ...