Why JinkoSolar Skyrocketed 46.6% in October
Shares of JinkoSolar (NYSE: JKS) rocketed 46.6% higher in October, according to data from S&P Global Market Intelligence. The China-based solar panel manufacturer rose following strong earnings report released toward the end of September, then accelerated as polls showed an increasingly likely Democratic win in the November elections. At the end of September, Jinko reported strong fiscal second quarter earnings.