Categories: Business

Solaria extends brakes on Ibex with Citi cuts

The renewable company’s shares are again lagging Ibex on track to record their 14th fall in 15 sessions of 2024. Solaria blames, in addition to pressure from bears, the lowering of the recommendation issued today. Citi due to its high dependence on energy prices.

In a day when the Ibex index rose above 1%, Solaria shares at times fell more than 2%. The renewable energy company remains at the bottom of the Ibex index, unable to break a streak that This is already close to the total number of falls since the beginning of 2024..

To date, Solaria shares have closed below 13 times in the 14 days since the beginning of the year. Renewable company only one session ended aboveJanuary 15th when the small 0 bounced

In a day when the Ibex index rose above 1%, Solaria shares at times fell more than 2%. The renewable energy company remains at the bottom of the Ibex index, unable to break a streak that This is already close to the total number of falls since the beginning of 2024..

To date, Solaria shares have closed below 13 times in the 14 days since the start of the year. Renewable company only one session ended aboveon January 15, when it jumped slightly by 0.18%.

The result of this trickle of decline is an adjustment that is already close to 24% YTD is the second largest of all Capricorn, behind the collapse that Grifols is accumulating as a result of the bearish attack launched by Gotham City.

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