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SOL

ReneSola Ltd

https://www.renesolapower.com

Industry

Solar

ReneSola Ltd, through its subsidiaries, develops, builds, operates, and sells solar power projects in the United States, Canada, Europe, and internationally. It operates through three segments: Solar Power Project Development, EPC Services, and Electricity Generation Revenue. The company also develops community solar gardens; and sells project rights. In addition, its engineering, procurement, and construction business provides engineering design, procurement of solar modules, balance-of-system components and other components, and construction contracting and management services. Further, the company generates and sells electricity. As of December 31, 2021, it operated approximately 100 solar power projects with an aggregate capacity of 180 megawatts. ReneSola Ltd was founded in 2005 and is headquartered in Stamford, Connecticut.

Open

2.17

Mkt cap

115M

Volume

134K

High

2.24

P/E Ratio

-7.03

52-wk high

3.00

Low

2.17

Div yield

N/A

52-wk low

1.41

Vitalik Buterin, Ethereum co-founder, criticizes the current trend of meme coins for lacking innovation and containing offensive content. He advocates for meme coins that support public goods and highlights the potential of 'Robin Hood games' like Axie Infinity, which may benefit low-income users. Buterin emphasizes the need for high-quality, positive projects in the crypto space.

Portfolio Pulse from Chris Katje

March 29, 2024 | 7:38 pm

Dogwifhat (CRYPTO: WIF) has become the third-largest meme coin by market capitalization, surpassing Pepe Coin (CRYPTO: PEPE) with a market cap of $3.65 billion. It has seen a 16% rally in the last 24 hours and a 61% increase over the last seven days. Dogwifhat's rise has also positively impacted Solana (CRYPTO: SOL), as investors need to purchase SOL to trade for WIF. Despite its rapid growth, Dogwifhat still trails behind Shiba Inu (CRYPTO: SHIB), the second-largest meme coin, by a significant margin.

Portfolio Pulse from Rounak Jain

March 29, 2024 | 1:11 pm

Emeren Group (NYSE:SOL) reported Q4 2023 GAAP EPS of $(0.15), missing the undefined analyst consensus estimate, with sales of $44M also missing the $44.983M estimate. This represents a 71.43% increase over the same period last year.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:36 pm

Earnings reports for March 28, 2024, include a mix of expected profits and losses across various sectors. Notable companies like Walgreens Boots Alliance and MSC Industrial Direct Co anticipate earnings, while others like Shimmick and Affimed project losses. The diversity of industries, from healthcare to technology and finance, highlights the varied performance within the market.

Portfolio Pulse from Benzinga Insights

March 28, 2024 | 9:24 am

The article lists cannabis stock gainers and losers for March 27, 2024, highlighting significant movements in the sector. Notable gainers include Canopy Growth, Maple Leaf Green World, and Cara Therapeutics, with increases of 30.57%, 23.64%, and 19.15% respectively. On the losing end, Green Growth Brands plummeted by 99%, followed by CordovaCann and Item 9 Labs with substantial declines. The article reflects the volatile nature of the cannabis market.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 8:30 pm

Altcoin Sherpa, a cryptocurrency analyst, expressed optimism about the altcoin market, highlighting potential breakouts for Render (RNDR) and bullish sentiment for Solana (SOL) and RSS3. Conversely, Pentoshi offered a cautious short-term outlook, expecting a pullback and consolidation for altcoins. The Bitcoin halving event's impact on altcoins is anticipated.

Portfolio Pulse from Murtuza Merchant

March 27, 2024 | 7:13 pm

Emeren Group (NYSE:SOL) is scheduled to release its quarterly earnings report on March 28, 2024, with analysts expecting an EPS of $0.00. The company's past earnings performance shows a mixed record of beating and missing EPS estimates, leading to significant stock price movements. Shares of Emeren Group have declined by 53.71% over the last 52 weeks, indicating a negative sentiment among long-term shareholders ahead of this earnings release.

Portfolio Pulse from Benzinga Insights

March 27, 2024 | 7:01 pm

A trader lost $138,000 in 35 minutes attempting to 'snipe' a newly launched coin, PUNDU, using Solana (SOL) tokens withdrawn from Binance. The strategy backfired due to 'sniper selling', leading to a rapid price decline and a significant loss.

Portfolio Pulse from Murtuza Merchant

March 27, 2024 | 1:15 pm

Richard Dawkins, known for coining the term 'meme', received a cryptocurrency named after him, Dawkoin, as a birthday present. Elon Musk, CEO of Tesla and a cryptocurrency enthusiast, acknowledged this with a laugh. Dawkoin, which credits Dawkins as the 'father of MEMEs', has a total supply of 1 billion and can be bought by converting Solana (SOL) on the Raydium platform. Investors are advised to be cautious with meme coins like Dawkoin due to their speculative nature.

Portfolio Pulse from Ramakrishnan M

March 26, 2024 | 7:12 am

Cannabis stocks experienced significant movements on March 22, 2024, with notable gainers including Canopy Growth, Aurora Cannabis, and SNDL, among others. Losers included Belgravia Hartford Cap, Heritage Cannabis Holding, and Elixinol Wellness. The movements reflect the volatile nature of the cannabis market.

Portfolio Pulse from Benzinga Insights

March 22, 2024 | 9:30 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.