U.S. Stock Market News | Jinko Solar surged over 18%, up more than 68% in the past 60 days

Zhitong
2024.10.07 14:12
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On Monday, Jinko Solar's stock price rose, with the stock up over 18% to $35.44 at the time of writing. The stock has risen over 68% in the past 60 days. On the news front, in the investor relations activity record disclosed on September 30, Jinko Solar stated that with the start of domestic large base projects, the subsequent completion of ultra-high voltage construction, and the improvement of grid absorption capacity, domestic demand will steadily increase. Overseas markets continue to grow steadily, with emerging markets such as Southeast Asia and the Middle East showing faster overall growth. Market growth is expected to accelerate after the resolution of inventory and grid absorption issues in Europe

According to the information obtained from Zhitong Finance APP, on Monday, Jinko Solar (JKS.US) saw its stock price rise, with the stock up over 18% to $35.44 at the time of publication. The stock has risen over 68% in the past 60 days. In terms of news, in the investor relations activity record disclosed on September 30, Jinko Solar stated that with the start of large domestic base projects, the improvement of subsequent ultra-high voltage construction and grid absorption capacity, domestic demand will steadily increase. The overseas market continues to maintain stable growth, with emerging markets such as Southeast Asia and the Middle East showing overall rapid growth. Market growth can be expected after the resolution of inventory and grid absorption issues in Europe