|Company Name||Sunrun Inc.|
On October 25, 2023, Muddy Waters Research published a report alleging that Sunrun “has greatly exaggerated its (non-GAAP) Subscriber numbers for years” and that the Company “has been claiming and selling tax credits on these inflated numbers.”
On this news, Sunrun’s stock price fell $0.82, or 8.5%, to close at $8.85 per share on October 25, 2023, thereby injuring investors.
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