Sunrun (RUN) Jumps on One Big Beautiful Bill Passage

Sunrun Inc. (NASDAQ:RUN) is one of the 10 Stocks Crushing Market Expectations.

Sunrun Inc. (NASDAQ:RUN) rallied for a second day on Monday, adding 5.81 percent to close at $11.11 apiece as funds flocked back to solar stocks following the passage of the One Big Beautiful Bill Act with a more favorable environment for residential solar companies.

Prior to the July 4 deadline, the House of Representatives officially adopted the Senate version of the bill which implemented gentler cuts to clean energy tax credits.

Additionally, the measure excluded excise taxes that would have been slapped on wind and solar projects constructed with a certain percentage of materials sourced from China.

The bill, however, would still cut tax credits, albeit not as soon as the expected end-of-December deadline, as projects that have already been planned, financed, and approved will continue to receive applicable tax credits as long as they begin construction before June 2026 and become operational by 2027.

Following the passage, investment firm Citi said it expects positive momentum for Sunrun Inc. (NASDAQ:RUN) as the stock recovers from negative sentiment.

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Disclosure: None. This article is originally published at Insider Monkey.