Why These 5 Stocks Are on The Move on Monday

Page 1 of 5

In this article we take a look at five stocks on the move on Monday. If you want to read our detailed analysis of these stocks, go to read Why These 10 Stocks Are On the Move on Monday.

5. JinkoSolar Holding Co., Ltd. (NYSE:JKS) shares are off around 9.6% due to the broader market sell off and the China economy caution. As a leading Chinese solar developer, it would be easier for JinkoSolar Holding Co., Ltd. (NYSE:JKS) to grow and be profitable if China’s economy were strong. If there is more caution around the nation’s economy due to Evergrande, JinkoSolar Holding Co., Ltd could face more headwinds. Given that the solar sector is also pretty volatile, JinkoSolar Holding Co., Ltd. (NYSE:JKS)’s stock has moved more than many other stocks today as well.

Of our database of 873 elite funds, 7 were long JinkoSolar Holding Co., Ltd. (NYSE:JKS) at the end of Q2, down from 13 at the end of Q1.

Page 1 of 5