Sunrun (CRCL) Jumps 18% on Bargain-Hunting

From Yahoo Finance: 2025-06-14 09:07:00

Sunrun Inc. (NASDAQ:RUN) saw its share prices jump by 18.06 percent on Friday to close at $10 apiece, as investors resorted to bargain-hunting following two straight days of decline. In recent news, Sunrun announced the switch-on of 130,000 home batteries to support the country’s power grid this summer, representing more than two-thirds of its total battery fleet.

Sunrun Inc. (NASDAQ:RUN) stated that it was capable of dispatching 650 megawatts of peak power in its grid service programs, enough to energize 480,000 homes at critical times every day to support the expected higher demand for electricity. CEO Mary Powell emphasized the company’s focus on pairing storage with solar to rapidly bring new generating capacity online and help lead the nation toward energy independence.

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Read more: Sunrun (CRCL) Jumps 18% on Bargain-Hunting