Sunrun IPO Fails To Light Up Residential Solar Market

By | August 5, 2015

Scalper1 News

Solar installation company Sunrun (RUN) fell sharply in its market debut Wednesday after pricing its initial public offering at 14, the midpoint of its estimated range. Sunrun stock opened near 13 then fell further. The stock was down 14.4% to 11.98 in late morning trading on the stock market today. Sunrun raised $251 million with its late Tuesday IPO. San Francisco-based Sunrun follows the October 2014 IPO of competitor Vivint Solar (VSLR), which Scalper1 News

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