
Photovoltaic stocks are struggling in 2024, with Maxeon Solar and SunPower at least dropping over 96%
Most photovoltaic stocks closed lower, with SunRise Technology down 18.05%, SolarMax Technology down 10%, Sunrun, photovoltaic inverter supplier Enphase Energy, and Array all down at least 1.9%. First Solar fell over 1%, Canadian Solar ADR dropped 0.98%, JinkoSolar ADR slightly rose, Daqo New Energy increased over 0.2%, and ReneSola rose 1.5%. For the entire year of 2024, Maxeon Solar has cumulatively fallen 98.95%, SunRise Technology down 96.24%, SolarEdge down about 85.5%, Shoals and Array down over 64%, Canadian Solar down over 57%, Sunrun down about 53%, Enphase down 48%, and solar ETFs down over 37%
