European clean energy stocks tumble as Trump wins US presidency By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 06 2024
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Should l Buy ?
Source: Investing.com
Impact of Trump's Election on Clean Energy Stocks: Shares in European clean energy companies, including Orsted and Vestas, fell significantly following Donald Trump's election due to concerns over potential rollbacks of U.S. renewable energy support and climate policies.
Market Outlook Amid Uncertainty: Despite the decline, some analysts believe that the demand for green energy in the U.S. will continue to grow, viewing the market's reaction as an overreaction and suggesting that ongoing projects may still proceed despite potential delays.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
