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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

Anthony Scaramucci, founder of SkyBridge Capital, predicts that a Bitcoin Cash (BCH) ETF could be approved by the SEC next week, suggesting the timing could be used to 'bury the news'. Bitcoin Cash is a cryptocurrency that forked from Bitcoin in 2017. Several firms, including BlackRock, Grayscale, Fidelity Investments, WisdomTree Inc., Ark Invest, and 21Shares, have filed for a spot Bitcoin ETF, but none have been approved. SkyBridge Capital's cryptocurrency investments, including Bitcoin, Ethereum, and Solana, have seen significant gains.

Portfolio Pulse from Mehab Qureshi

December 22, 2023 | 11:39 am

Anthony Scaramucci, founder of SkyBridge Capital, predicts that a Bitcoin Cash (BCH) ETF could be approved by the SEC next week, suggesting the timing could be used to 'bury the news'. Bitcoin Cash is a cryptocurrency that forked from Bitcoin in 2017. Several firms, including BlackRock, Grayscale, Fidelity Investments, WisdomTree Inc., Ark Invest, and 21Shares, have filed for a spot Bitcoin ETF, but none have been approved yet. SkyBridge Capital's cryptocurrency investments, including Bitcoin, Ethereum, and Solana, have seen significant gains.

Portfolio Pulse from Mehab Qureshi

December 22, 2023 | 11:39 am

Avalanche (AVAX) and Solana (SOL) have surpassed Dogecoin (DOGE) and Binance Coin (BNB) in market capitalization. AVAX's market cap reached $17 billion, while SOL's market cap hit $41 billion, making it the fourth largest cryptocurrency. The increase is attributed to lower transaction fees and faster speeds compared to Ethereum (ETH), leading to more activity on the AVAX and SOL networks. The total value locked on Solana has also recovered to $1.79 billion since the FTX collapse.

Portfolio Pulse from Mehab Qureshi

December 22, 2023 | 4:23 am

On December 21, 2023, several marijuana stocks experienced significant price movements. Notable gainers included Blueberries Medical, iAnthus Capital Holdings, and Heritage Cannabis Holding, with increases of 15.05%, 14.44%, and 12.73% respectively. Emeren Group, Corbus Pharmaceuticals, and Scotts Miracle Gro also saw their shares rise. Conversely, MJ Holdings, Khiron Life Sciences, and Item 9 Labs were among the biggest losers, with MJ Holdings dropping 30.41%. Other notable declines were observed in Eastside Distilling, Genetic Technologies, Canopy Growth, and Cresco Labs.

Portfolio Pulse from Benzinga Insights

December 21, 2023 | 9:30 pm

An anonymous Solana trader turned $92 into $1.55 million in 16 days by trading a memecoin called Silly. The trader initially bought 20.5 million SILLY tokens with 0.7 SOL and later sold 5 million of them for 202,575 USDC. The remaining 15 million SILLY tokens are valued at approximately $1.35 million. This showcases the high-risk, high-reward nature of trading memecoins, which are known for their volatility and potential for rapid price changes.

Portfolio Pulse from Murtuza Merchant

December 21, 2023 | 5:43 pm

BONK, a new dog-themed cryptocurrency, surged almost 1,000% recently but has dropped by over 40% from its all-time high. Analysts warn late investors of volatility, with Pentoshi predicting a 50% drop in price within 4-6 weeks. Michaël van de Poppe also suggests a potential correction, advising against buying at this point despite the broader Solana ecosystem's momentum.

Portfolio Pulse from Mehab Qureshi

December 21, 2023 | 11:00 am

Marijuana stocks experienced significant movements on December 20, 2023. Canopy Growth (CGC) saw an extraordinary rise of 827.46%, while EVIO plummeted by 99%. Other notable gainers include MJ Holdings (MJNE) and Greenlane Holdings (GNLN), with increases of 46.97% and 11.65% respectively. Conversely, MPX International (MPXOF) and Cann Gr (CNGGF) faced sharp declines. The volatility in the sector is evident, with several companies experiencing double-digit percentage changes in their stock prices.

Portfolio Pulse from Benzinga Insights

December 20, 2023 | 9:30 pm

Crypto analyst Bluntz predicts that Solana (SOL) is poised for a significant breakout against Bitcoin (BTC) and in its U.S. dollar pair. Bluntz expects SOL to experience a sharp increase in price once it breaks out of its 37-day range. Another analyst, Deftsuo, also provides a bullish outlook, suggesting SOL could reach $100 if it breaks through the $80 resistance level. The search volume for 'Solana' has surged by 250% over the past two months, indicating growing interest.

Portfolio Pulse from Mehab Qureshi

December 20, 2023 | 1:00 pm

Solana (CRYPTO: SOL) has seen a 500% increase year-to-date in 2023, outperforming Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). The interest in Solana has been fueled by airdrops, meme coins, and partnerships with Visa Inc (NYSE:V) and Shopify (NYSE:SHOP). Sam Bankman-Fried's historical tweet offering to buy SOL at $3 highlighted a significant investment opportunity. A $1,000 investment in Solana at the time of his tweet could be worth $20,114.46 today, a 1,911.4% return. Solana's momentum continues as it becomes the sixth largest cryptocurrency by market capitalization.

Portfolio Pulse from Chris Katje

December 19, 2023 | 10:24 pm

Dogwifhat (CRYPTO: WIF), a new Solana-based meme coin, has surged 2000% in value in less than a month, outperforming BONK (CRYPTO: BONK), another Solana-based meme coin. The rise in Dogwifhat's value has also positively affected a collection of 550 Dogwifhat Solana NFTs, with the cheapest item now selling for 13.2 SOL or $955. Solana (CRYPTO: SOL) itself has seen a significant rise in value, but not as much as BONK or WIF.

Portfolio Pulse from Mehab Qureshi

December 19, 2023 | 9:27 am

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