Trump's election win tanked renewable energy stocks — and short-sellers cashed in
By Rocio Fabbro, Quartz.
Excerpt: Renewable energy stocks plunged following Donald Trump’s election victory Tuesday, as the sector braces for the real possibility that the president-elect actually does “drill, baby, drill.” That resulted in a roughly $1.3 billion windfall for investors betting against the stocks, according to calculations by Bloomberg. Among the most shorted clean energy stocks are Plug Power (PLUG), SolarEdge Technologies (SEDG), Bloom Energy (BE), First Solar (FSLR), and Enphase Energy (ENPH).... A second Trump presidency is expected to give other areas of the energy sector a major boost — especially oil. The Republican has promised to expand oil drilling on his first day in office, and to do away with clean energy policies....