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Sunnova Energy International: Potential Further Downside On Weak Fundamentals (NYSE:NOVA)

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Marco VDM

Investment Thesis

Sunnova Energy International Inc. (NYSE:NOVA) has been on a downward trajectory since hitting its 52-week high of $24.82 in July 2023. The stock has lost about 59%, trading at $10.22 today. Its share prices are trading near its 52-week support level of $8.35, which

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