Investigation of Sunnova Energy
Shareholder Alert: Robbins Arroyo LLP Is Investigating Sunnova Energy International Inc. (NOVA) on Behalf of Shareholders
September 10, 2019 (San Diego, CA & Houston, TX) – Shareholder rights law firm Robbins Arroyo LLP reminds investors it is investigating Sunnova Energy International Inc. (NYSE: NOVA) for potential violations of federal securities laws pursuant to the company’s July 2019 initial public offering (“IPO”). On July 25, 2019, Sunnova held its IPO, selling more than 14 million shares of common stock for $12 per share. Then, on August 19, 2019, Sunnova reported a net loss of $85.3 million for the six months ending June 30, 2019, compared to $22.7 million in the prior year period. On this news, Sunnova’s share price fell nearly 8% per share. Since its IPO, Sunnova’s stock has traded as low as $8.66 per share, or nearly 28% below its $12 IPO price. Sunnova provides residential solar and energy storage services in the United States.
Sunnova Energy International Inc. (NOVA) Shareholders Have Legal Options
Concerned shareholders who would like more information about their rights and potential remedies can send us a message via the Shareholder Information form below.