Sunrun Soars on Beating Rooftop Solar-Installation Forecast
- Sunrun added 65 megawatts of rooftop systems in second quarter
- ‘One of the most undervalued names in the sector,’ Jobin says
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Sunrun Inc. climbed the most in more than six months after sales increased 69 percent in the second quarter, beating expectations, and the second-biggest U.S. rooftop solar company exceeded its installation forecast.
The company gained 15 percent to $6.23 at the close in New York, the most since Jan. 28.