SolarCity Corp. (SCTY)
|Product or Service||Design, installation, and financing of solar for residential and commercial customers.|
|Application||Turnkey solar and efficiency solutions for homes and businesses.|
|Location||San Mateo, CA|
SolarCity is an innovative, full service solar installation company. SolarCity takes the residential and commercial customers through design, installation and financing of solar systems. SolarCity also sells electricity generated by solar. Other products and services include home energy evaluation, energy efficiency upgrades, electric vehicle charging and energy storage.
|6/18/2014||SolarCity announces acquisition of solar cell and module manufacturer Silevo Inc for $350 million. SCTY trades way up on largest one-day volume ever, soaring 23% in two days.||SEC Form 8-K|
|5/7/2014||SolarCity earnings report shows large increase in revenues. Net income and EPS both fall, but come in above analyst estimates. SCTY drops 9% on the news, and is down 45% from its highs reached in February.||Earnings transcript|
|4/24/2014||Google teams up with SolarCity competator SunPower to finance $250 million of residential solar lease projects. SPWR jumps 7% for the day on high volume, and is up 157% in 12 months.||SunPower press release|
|4/2/2013||SolarCity added to Russell 2000®, Russell 3000®, and Russell Global® Indexes. Stock jumps 3% in one day on the news, and is up 57% in the past three months.||CNBC article|
*Hypothetical gain from portfolio recommendations from inception. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the securities contained within this list. Always consult your financial professional before investing.