SolarCity's stock has nearly quadrupled since the company went public in December. Talk about a warm-up. Investors can't seem to get enough of companies that harness the sun's power. Shares of SolarCity (SCTY) soared to an all …
SCTY has a pretty good track record. Since its December 2012 IPO, SolarCity stock is up 423%. Visionary Elon Musk of Tesla Motors Inc. (Nasdaq: TSLA) is chairman of the board. And solar power installations is a huge growth industry. …
Shares in solar panel installer SolarCity Corp. plunged by over 30 percent Wednesday in early morning trading. The …
In a few years, everyone will know whether the planned merger of Tesla Motors Inc. and SolarCity Corp. became a rousing tale of ambition and success or went down as one of biggest busts in business history. The $2.6-billion all-stock deal, …
Early this morning, Tesla announced that it had come to an agreement to acquire SolarCity in a $2.6 billion all stock transaction. Tesla first announced it was interested in acquiring the solar power company back in June. In the wake of …
(Reuters) - SolarCity Corp SCTY.O cut its forecast for solar panel installations this year and reported a bigger-than-expected quarterly loss, sending its shares down nearly 20 percent in extended trading on Monday. The company, …
But this isn't a typical merger vote. Elon Musk owns 18 percent of Tesla's stock and 22 percent of SolarCity's shares. A handful of other key insiders also own significant stakes in both companies. To ease investor concerns that the merger …
On Monday morning, Tesla announced that it has come to an agreement with SolarCity. Tesla will buy the company in an all-stock deal that would give 0.11 shares of Tesla stock to investors for every share of SolarCity stock they own. The …
SolarCity Corp. SCTY just released its first quarter fiscal 2016 earnings results, posting an earnings loss of $-2.56 per share and revenue of $122.6 million. Currently, SCTY has a Zacks Rank #3 (Hold), but it is subject to change following …
SolarCity (SCTY) shares soared as much as 12 percent Wednesday after Tesla Motors (TSLA) made a $2.8 billion offer to buy the clean energy provider in pursuit of synergy. The stock later pared its gains, ending the day up just 3 percent. …