Invesco Solar ETF Shines Bright Amid Market Shifts
Solar Investments Surge While Semiconductor Sector Struggles
In Thursday trading, the Invesco Solar ETF has risen about 2.7%, outperforming many of its counterparts. Strong performances from its components contributed significantly, with Nextracker soaring approximately 24.8% and Array Technologies climbing around 7.6%.
In contrast, the SPDR S&P Semiconductor ETF has seen a decline, falling about 4.6% by Thursday afternoon. Notably, Monolithic Power Systems experienced a sharp drop of approximately 18%, while Maxlinear fell about 11.5%, highlighting the struggles within the semiconductor sector.
VIDEO: Thursday’s ETF Movers: TAN, XSD
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