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SUNW Stock: What You Need to Know Before Investing in Sunworks Stock Today

Sunworks (NASDAQ:SUNW) is seeing its stock soar Monday, up more than 25%. But without any recent news or press releases from the solar company, what is behind the rise in SUNW stock?

Piggy bank in front of solar panel infrastructure

Source: Shutterstock

Even without any recent news, investors should still pay close attention to the California-based solar company. Especially after shareholders rejected a plan to sell Sunworks to Peck Holdings (NASDAQ:PECK) for $14.1 million, the solar firm has been trending higher. Thankfully, InvestorPlace writers have already pulled together a lot of information on SUNW stock.

Check out this extensive coverage below:

Importantly, the solar industry has also been incredibly hot in recent weeks. A large reason behind this boom is the election of former Vice President Joe Biden. Upon his inauguration, he has promised to invest $2 trillion in clean energy initiatives. This bodes well for Sunworks which uses solar power for agricultural, industrial, commercial and residential projects across the U.S.

With just a few minutes left in the trading day, SUNW stock is up 26.24%.

On the date of publication, Sarah Smith did not have (either directly or indirectly) any positions in the securities mentioned in this article. 

Sarah Smith is a Web Content Producer for InvestorPlace.com. 


Article printed from InvestorPlace Media, https://investorplace.com/2020/11/sunw-stock-what-you-need-to-know-before-investing-in-sunworks-stock-today/.

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