Avery Schumer
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Avery Schumer in Sector Report,

Solar Stocks Are Plummeting

Shares of Sunedison Inc plunged, sending shock waves across the entire solar sector.

Sunedison reported a loss of $0.91 per share in its third quarter, worse than the $0.69 loss per share analysts were expecting.

Sunedison said in its quarterly report that it will reduce sales of renewable energy assets to its Yieldcos until market conditions improved.