Citigroup Inc. downgraded shares of Linn Energy LLC (NASDAQ:LINE) from a buy rating to a neutral rating. Linn Energy LLC (NASDAQ:LINE) stock performance was -0.95% in last session and finished the day at $28.18. Traded volume was million shares in the last session and the average volume of the stock remained 1.70million shares. The beta of the stock remained 0.86. Linn Energy LLC (NASDAQ:LINE) insider ownership is 39.50%.
Canadian Solar Inc. (NASDAQ:CSIQ) initiated the sector drop-off on March 5 with disappointing projections and poor earnings. Rightly or wrongly, this took several stock downs with it, and in the month following Canadian Solar Inc. (NASDAQ:CSIQ)’s poor guidance, the sector has experienced quite a sell-off. Canadian Solar Inc. (NASDAQ:CSIQ) dropped -8.49 percent to $28.35 Monday on volume of 4.79million shares. The intra-day range of the stock was $27.83 to $31.10. Canadian Solar Inc. (NASDAQ:CSIQ) has a market capitalization of $1.53billion.
SolarCity Corp (NASDAQ:SCTY) now faces a lawsuit filed by Shareholders Foundation, which claims that the company has violated federal securities laws. That’s likely just part of why the company’s stock is falling today. SolarCity Corp (NASDAQ:SCTY)’s stock on Apr 07, 2014 reported a decrease of -8.09% to the closing price of $54.30. Its fifty two weeks range is $18.00 -$88.35. The total market capitalization recorded $4.97billion. The overall volume in the last trading session was 8.16million shares. In its share capital, SCTY has 91.50million outstanding shares.
Gao Jifan, CEO of Trina Solar Limited (ADR) (NYSE:TSL), suggests to “leapfrog the traditional energy development process and supply power directly from renewable energy sources, such as off-grid solar power stations, in regions where access to electricity is limited.” On Monday, shares of Trina Solar Limited (ADR) (NYSE:TSL) dropped -7.34% to close the day at $12.62. Company return on investment (ROI) is -10.60% and its monthly performance is recorded as -31.19%. Trina Solar Limited (ADR) (NYSE:TSL) quarterly revenue growth is -21.22%.