TAN is trading about 3% lower today as the solar sector faces significant pressure from new trade policies and a broader market rotation away from growth stocks.
- Broad tariffs on 60 countries are weighing on globally exposed solar manufacturers and installers, clouding the sector's outlook.
- The move follows a recent selloff in tech and AI names, fueling a wider risk-off sentiment toward clean energy and growth-oriented assets.
- TAN is notably underperforming major U.S. indices, which remain relatively flat or mixed despite heightened geopolitical tensions.