Positive Press Coverage Unlikely to Affect SolarCity Corp (SCTY) Stock Price
Media coverage about SolarCity Corp (NASDAQ:SCTY) has trended positive on Wednesday, according to AlphaOne Sentiment. The research group, a unit of Accern, rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. AlphaOne ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. SolarCity Corp earned a news impact score of 0.31 on AlphaOne’s scale. AlphaOne also assigned headlines about the renewable energy company an impact score of 40 out of 100, meaning that recent press coverage is unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news headlines that may have impacted AlphaOne’s scoring:
- Elon Musk really wants to remind you that the Model 3 is not as good as the Model S (recode.net)
- SEC investigating SolarCity and Sunrun over customer cancellation disclosure (pv-tech.org)
- Dutch pension fund PGGM invests €200 million in SolarCity’s project portfolio (pv-magazine.com)
- Is Tesla Giving up on Solar? SolarCity’s Door-to-Door Sales Division Abruptly Shuttered (fool.com)
- SolarCity plant remains on track despite slowdown in company’s business, Tesla says (buffalonews.com)
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SolarCity Corp Company Profile
SolarCity Corporation is a United States-based solar provider. The Company is primarily engaged in the design, manufacture, installation and sale or lease of solar energy systems to residential and commercial customers, or sale of electricity generated by solar energy systems to customers. It operates through solar energy products and services segment.
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