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RAYS (Global X Solar ETF) is no longer actively trading.
This usually means the company was acquired and taken private, delisted from its exchange, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
See exactly how RAYS's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for RAYS and 80,000+ other tickers.
This exchange-traded fund (ETF) commits a substantial portion—at least 80% of its total assets, potentially supplemented by borrowed capital—to investments aligned with its benchmark index. Such investments include direct holdings in the index's underlying securities, along with American and Global Depositary Receipts (ADRs and GDRs) linked to those same companies. The benchmark index itself is specifically designed to provide investors with exposure to businesses that stand to profit from ongoing advancements in solar energy technology. It is important to note that this fund operates as a non-diversified investment vehicle.
It's a distressing time for the climate industry in the U.S. as the current administration attempts to erase decades of energy transition progress. However, despite political pressure and related negative sentiment, the fundamentals for renewable energy keep it relevant in an age of increasing AI demand.
The spotlight that once shone on the solar stocks has dimmed in a significant way in the months leading up to the presidential election.
Wall Street delivered a muted performance last week due to a host of global tensions.
Weakness is an opportunity with solar stocks. Granted, there have been concerns that a Trump presidential win could derail clean energy stocks.
The Global X Solar ETF (NASDAQ: RAYS ) has slumped by more than 40% year-over-year (YOY), illustrating that investors have abandoned solar stocks. However, as an incurable contrarian, I believe the RAYS ETF's downturn signals a buying opportunity within the solar industry.