Solar Equipment Stocks Slide; Arctech Drops Over 12%
Solar equipment stocks fell sharply in trading, with Arctech Solar plunging more than 12%. Other major players, including Deye, Sungrow, Canadian Solar, Chint Power, Hongyuan Green Energy, and Hoymiles, each declined by over 5%, reflecting broad weakness across the sector.
The solar equipment sector experienced a significant pullback during the session, with multiple stocks posting declines. Arctech Solar fell by more than 12%, while Deye, Sungrow, Canadian Solar, Chint Power, Hongyuan Green Energy, and Hoymiles each dropped by over 5%.