Sunrun stock price hovered around $13

Sunrun stock price hovered around $13.55 in pre-market action Thursday as traders anticipate the upcoming Federal Reserve policy update. Rate expectations are crucial for solar financing demand, and any dovish tilt could spur fresh buying. Option traders have been active on near-term calls, betting on mild upside. The Personal Consumption Expenditures (PCE) price index, the central bank's preferred gauge of inflation, showed a slight year-over-year increase in August but did not surprise economists. This report was met with relief on Wall Street, as it suggests inflationary pressures remain contained, giving the Federal Reserve more leeway to continue its monetary easing policy. Investors interpreted the news as a positive sign that the Fed can support the economy without risking runaway inflation. The positive sentiment helped the major indices claw back some of the losses from a recent three-day slide, with stocks rising across various sectors. Sunrun is up 83% since the beginning of the year, and at $18.68 per share, has set a new 52-week high. Investors who bought $1,000 worth of Sunrun’s shares 5 years ago would now be looking at an investment worth $233.59. The latest market data puts Sunrun stock price in focus, as institutional inflows ticked higher last week despite macro headwinds. The clean energy sector, especially residential solar, remains sensitive to federal policy signals. Traders are pricing in potential upside if upcoming economic data hints at rate cuts, potentially lifting demand for Sunrun’s financing-driven business model.