Streetbeat News

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

The article reports significant movements in marijuana stocks on November 10, 2023. Notable gainers include GrowLife, Affinor Growers, and Belgravia Hartford Cap with increases of 400%, 146.39%, and 134.38% respectively. Corbus Pharmaceuticals and Psychemedics also saw substantial gains. On the losing side, Green Growth Brands experienced a significant drop of 90%. The movements reflect the volatile nature of the marijuana industry and could be influenced by regulatory news, earnings reports, or market sentiment.

Portfolio Pulse from Benzinga Insights

November 10, 2023 | 9:30 pm

Matthew Sigel, a digital asset strategist at VanEck, will share his crypto outlook at Benzinga's Future of Digital Assets conference. Sigel's research includes Bitcoin, smart contract platforms, and emerging market crypto. He recently co-wrote a report on Solana (CRYPTO: SOL), predicting $8 billion in revenues for Solana token holders by 2030. He also noted Solana's 340% surge in 2023, outperforming Bitcoin's 114% rise.

Portfolio Pulse from Stjepan Kalinic

November 09, 2023 | 5:44 pm

During Wednesday's pre-market session, several industrial stocks experienced significant movement. Gainers included Baiyu Holdings (BYU), Upwork (UPWK), JE Cleantech Hldgs (JCSE), Blade Air Mobility (BLDE), Energy Vault Holdings (NRGV), and Enovix (ENVX). Losers included FTC Solar (FTCI), Spirit AeroSystems Hldgs (SPR), Array Technologies (ARRY), Sidus Space (SIDU), Emeren Group (SOL), and Dragonfly Energy Hldgs (DFLI).

Portfolio Pulse from Benzinga Insights

November 08, 2023 | 1:06 pm

Robinhood Markets Inc's CEO, Vlad Tenev, discussed the company's performance in the cryptocurrency market during the Q3 earnings call. He acknowledged the strong performance of Bitcoin and Ethereum, but noted subdued volume trends. Tenev also revealed plans for Robinhood to expand its services into the European Union. He addressed the delisting of certain cryptocurrencies, including Cardano, Polygon, and Solana, stating that regulatory clarity is crucial in such decisions. Robinhood reported a 55% drop in crypto trading revenues to $23 million in Q3 2023.

Portfolio Pulse from Mehab Qureshi

November 08, 2023 | 5:17 am

Solana's native token, SOL, has seen a 10% price correction, falling to $40 on Nov. 6 after failing to breach the $44.50 mark. This follows a 36.6% rise between Oct. 30 and Nov. 2. Despite recent developments such as the unveiling of Firedancer, a new client designed to boost speed and reduce hardware requirements for validators, and Solana’s network data being made available on Google Cloud BigQuery, challenges remain. Lido Finance announced its withdrawal from the Solana network due to financial unsustainability, and Solana's DApp deposits saw a 30% drop in 30 days. Issues of possible centralization have also surfaced.

Portfolio Pulse from Benzinga Neuro

November 07, 2023 | 10:08 am

The article lists the marijuana stocks that gained and lost on November 6, 2023. The gainers include 1933 Industries, Psychemedics, OrganiGram Holdings, Leafbuyer Techs, Khiron Life Sciences, BioHarvest Sciences, MariMed, Cannabix Technologies, CLS Holdings USA, and Body and Mind. The losers include Choom Holdings, Australis Capital, EVIO, Rocky Mountain High, Item 9 Labs, Elixinol Wellness, MJ Holdings, Nextleaf Solutions, Cansortium, Blueberries Medical, Trees, iAnthus Capital Hldgs, Zoned Props, 22nd Century Group, Heritage Cannabis Holding, C21 Investments, CV Sciences, Auxly Cannabis Group, GrowGeneration, Kaya Holdings, Canopy Gwth, 4Front Ventures, Neptune Wellness Solns, SOL Glb Inv, Tilray Brands, MedMen Enterprises, SNDL, Emeren Group, and Corbus Pharmaceuticals.

Portfolio Pulse from Benzinga Insights

November 06, 2023 | 9:30 pm

Austin Federa, Head of Strategy at Solana Foundation, believes that crypto payments are reshaping financial transactions worldwide. He highlighted the efficiency and cost-effectiveness of blockchain technology, particularly for smaller transactions. Major financial players like Visa are integrating crypto payments into their systems, with Visa using the Solana blockchain for 24/7 transaction settlement. Federa also expressed concerns about U.S. regulation pushing crypto innovation offshore. He emphasized the importance of a regulatory environment that fosters innovation while protecting investors.

Portfolio Pulse from Murtuza Merchant

November 06, 2023 | 5:00 pm

On November 3, 2023, several cannabis stocks experienced significant price movements. Notable gainers include EVIO, Choom Holdings, AusCann Group Holdings, Elixinol Wellness, and Nextleaf Solutions. On the other hand, Global Hemp Group, Rocky Mountain High, Rhinomed, Affinor Growers, and Item 9 Labs were among the biggest losers.

Portfolio Pulse from Benzinga Insights

November 03, 2023 | 9:30 pm

Ex-Ark Invest analyst, Chris Burniske, predicts that the current bull run in the crypto market may lose momentum soon. He classifies key cryptos into two categories: Bitcoin (BTC) and Ethereum (ETH) as the original crypto barbell, and Solana (SOL) and Tiamonds (TIA) as the next-gen blockchain platforms. Despite the bullish sentiment, the market shows volatility and traders remain wary.

Portfolio Pulse from Benzinga Neuro

November 03, 2023 | 11:28 am

Robinson Burkey of the Wormhole Foundation has commented on the trial of FTX founder Sam Bankman-Fried, stating that a conviction would be positive for the crypto industry. Burkey believes that the case will help distinguish the innovative technology of crypto from fraudulent activities. He also highlighted the robust nature of Bitcoin (CRYPTO: BTC) and its readiness for greater decentralized finance (DeFi) integration. Burkey also discussed the need for 'defense in depth' security measures to safeguard the DeFi space.

Portfolio Pulse from Murtuza Merchant

November 02, 2023 | 4:43 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.