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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

On March 12, 2024, several cannabis stocks experienced significant price movements. Notable gainers included MedMen Enterprises, AusCann Group Holdings, and Target Group, with increases of 900%, 816.67%, and 40.74% respectively. On the downside, 1933 Industries led the losers, dropping 30.77%, followed by Heritage Cannabis Holding and Rocky Mountain High with declines of 20% and 19.35%. Corbus Pharmaceuticals and Village Farms Intl were among the few NASDAQ-listed companies mentioned, with gains of 6.06% and 4.25%.

Portfolio Pulse from Benzinga Insights

March 12, 2024 | 9:30 pm

The cannabis sector experienced mixed movements on March 11, 2024, with several companies showing significant gains while others faced steep declines. Notably, MedMen Enterprises and AusCann Group Holdings saw dramatic drops of 90% and 87.5%, respectively. On the gainers' side, CordovaCann led with a 39.35% increase. Major US-listed companies like Eastside Distilling, Psychemedics, Corbus Pharmaceuticals, Emeren Group, Aurora Cannabis, Genetic Technologies, Scotts Miracle Gro, and Cara Therapeutics also experienced price movements.

Portfolio Pulse from Benzinga Insights

March 11, 2024 | 9:30 pm

On March 7, 2024, several cannabis stocks experienced significant price movements. Notable gainers included AusCann Group Holdings, Elixinol Wellness, and Rocky Mountain High, with increases of 766.67%, 75.49%, and 66.67% respectively. Corbus Pharmaceuticals and Emeren Group also saw notable gains on NASDAQ and NYSE. Conversely, Global Hemp Group led the losers with a 48.89% decrease, followed by Item 9 Labs and Global Compliance. Other significant losers included 22nd Century Group and Neptune Wellness Solutions on NASDAQ.

Portfolio Pulse from Benzinga Insights

March 07, 2024 | 9:30 pm

Solana (SOL) is trading higher by 8.1% amid overall strength in the cryptocurrency market, particularly due to a surge in Bitcoin's price to a new all-time high. The increase in Solana's price reflects the market's recognition of its potential due to its high throughput and low transaction fees. Additionally, the launch of Bitcoin spot ETFs, including BlackRock's iShares Bitcoin Trust (IBIT), has attracted significant interest, further boosting sentiment in the crypto space.

Portfolio Pulse from Henry Khederian

March 07, 2024 | 7:16 pm

The meme coin 'Jeo Boden' (BODEN) saw a dramatic increase, outperforming Dogecoin (DOGE) and Shiba Inu (SHIB), with over 100x returns in a single day. This surge comes amid a broader interest in meme coins, with Solana (SOL) becoming a popular platform for such tokens. Despite the gains, investors are cautioned about the high volatility and speculative nature of meme coins.

Portfolio Pulse from Mehab Qureshi

March 07, 2024 | 8:05 am

'Dogecoin Rival' WIF, a Solana-based meme cryptocurrency, surged 34% in a single day, outperforming Dogecoin and Shiba Inu. WIF's market capitalization exceeded $2 billion just three months after its launch, making it a leader in the meme coin category. The surge is attributed to its listing on the Binance trading platform.

Portfolio Pulse from Mehab Qureshi

March 06, 2024 | 10:28 am

'BONK Killer' MILLI, operating on the SEI network, surged over 70% in a single day, outperforming other meme cryptocurrencies like Dogecoin, Shiba Inu, and BONK. MILLI's market cap approached $2.5 million with a trading volume of $522,075. The token's success is attributed to strong community support and a unique brand identity. Meanwhile, Dogecoin and BONK saw declines, while Shiba Inu increased by 6%. The MILLI team also addressed investor concerns, aiming to restore token distribution and liquidity.

Portfolio Pulse from Mehab Qureshi

March 05, 2024 | 5:16 pm

Tether co-founder William Quigley predicts Bitcoin (BTC) could surge 350% to $300,000, driven by sentiment and the upcoming halving event. Quigley's forecast is supported by Bitcoin's current momentum, with a more than 50% increase since the year's start, and the introduction of spot ETFs. He also suggests a potential ripple effect on other cryptocurrencies like Ethereum (ETH) and Solana (SOL), as their value is closely tied to Bitcoin's performance.

Portfolio Pulse from Benzinga Neuro

March 05, 2024 | 9:43 am

Memecoins like Shiba Inu (SHIB), PEPE, Floki (FLOKI), and BONK have seen a 3000% surge in trading volumes over the past week, according to Santiment. PEPE, an Ethereum-based memecoin, soared over 370%, while Bonk and Floki also experienced significant price increases. This rally coincides with Bitcoin's rise to $65,000, boosting the total market cap of the top 100 meme coins by 30% to $52 billion.

Portfolio Pulse from Mehab Qureshi

March 04, 2024 | 10:16 am

Shytoshi Kusama, a lead developer for Shiba Inu (CRYPTO: SHIB), responded cryptically to a question about which meme coin to invest in, amidst a significant rise in meme coin popularity. SHIB has seen a 180% increase in the past week, outperforming Dogecoin (CRYPTO: DOGE). Another notable mention is Dogwifhat (CRYPTO: WIF), a Solana-based coin, which has surged 335.5% this week and is labeled a 'Shiba Inu Killer'.

Portfolio Pulse from Benzinga Neuro

March 04, 2024 | 7:01 am

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