Inside the Trade: Cloudy With a Chance of Sun

Analysts say SunEdison, beloved by hedge funds, has promise if it can get out of its own way.


In 2014, SunEdison was a hedge fund darling. Greenlight Capital founder David Einhorn touted the Maryland Heights, Missouri-based developer of renewable power plants at a conference that year, saying the sum of its parts was far greater than its then share price of $19 and was worth more like $32.

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