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Why Hannon Armstrong Stock Rocketed 17% at the Open Today

·2 min read
Why Hannon Armstrong Stock Rocketed 17% at the Open Today

Shares of real estate investment trust (REIT) Hannon Armstrong (NYSE: HASI) rose as much as 17% in the first half-hour of trading on Friday. Hannon Armstrong describes its approach as investing in climate-change solutions. In addition, Hannon Armstrong announced that it was increasing its dividend by 3% in the first quarter.