Image source: Vivint Solar.
What: Shares of residential solar installer Vivint Solar Inc (NYSE: VSLR) jumped 26% in April after its former acquirer filed for bankruptcy.
So what: The big news in solar last month was SunEdison’s official bankruptcy. The company has been in trouble for a long time, and Vivint Solar had broken off its proposed acquisition of the company and sued SunEdison, but there was still some relief when the bankruptcy finally took place.