Sunrun Stock Jumps as Solar Names Rally; Cash Flow in the Spotlight
Sunrun Inc. shares closed at $13.69 Wednesday, up 3.9% on heavy volume, as solar stocks rallied broadly. First-quarter revenue rose 43% to $722.2 million, but the company reported negative Cash Generation of $59 million. Sunrun’s storage attachment rate hit a record 73%. The company warned that higher interest rates and policy changes could impact financing and costs.