green energy stocks decline as trump election victory looms

Wind energy companies' shares experienced significant declines due to speculation surrounding the potential victory of Donald Trump in the US presidential election. Concerns have been raised that a Trump administration may shift the focus from renewable energy to fossil fuels, which could have a negative impact on the green energy sector.

Danish companies, such as Orsted A/S and Vestas Wind Systems A/S, were particularly affected, with drops of up to 14% and 13% respectively. Similar declines were observed in German companies RWE AG and Nordex SE, reflecting a broader trend of investor apprehension regarding the future of renewable energy under a potential Trump administration.

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