Why Alternative Energy Stocks Popped Today

·2 min read
Why Alternative Energy Stocks Popped Today

The Inflation Reduction Act officially passed the Senate yesterday, causing a bounce in alternative energy stocks today. After Sen. Joe Manchin and Sen. Chuck Schumer reached a deal a couple of weeks ago, some holdouts and sticking points were cleared yesterday. Now, the bill goes to the House of Representatives, where Democrats have a majority and an easier path to passing the bill.