Rooftop Solar Stocks Surge Despite Disappointing Earnings

Rooftop solar stocks, including SunPower, Sunrun, and Sunnova, experienced a surge despite disappointing earnings. Analysts warn of oversupply in solar equipment and rising financing costs. SolarEdge and Enphase also fell in share price after weak results. Sunrun took a $1.2 billion charge from the purchase of Vivint Solar. Thai tycoon Somphote Green's push into electric vehicles and batteries raised concerns about Energy Absolute's debt burdens.