Sunnova Energy Stock Plunges 60% as Company Warns of Bankruptcy Risk
Sunnova Energy International (NOVA) shares have plummeted 60% on March 3, trading at $0.66 after the company warned about its ability to continue operating as a going concern. The solar power company’s available cash is deemed insufficient to meet obligations and fund operations. As part of its fourth-quarter 2024 financial results, Sunnova reported a net … Read more