Why Shares of Enphase Energy, Bloom Energy, and SolarEdge All Jumped on Monday

Why Shares of Enphase Energy, Bloom Energy, and SolarEdge All Jumped on Monday

Shares of renewable-energy stocks had a great start to the week, with a few popping double digits in trading on Monday. Enphase Energy (NASDAQ: ENPH) was up as much as 8.3%, Bloom Energy (NYSE: BE) rose up to 11.1%, and SolarEdge (NASDAQ: SEDG) increased 8.7% late in the day. The fact that oil is up 0.8% is a bit of a boost for renewable energy stocks as well.