SolarCity (SCTY +9.3%) spikes in afternoon trading after Wal-Mart announces SolarCity has...

|About: SolarCity Corp. (SCTY)|By:, SA News Editor

SolarCity (SCTY +9.3%) spikes in afternoon trading after Wal-Mart announces SolarCity has installed 3.1MW of solar panels at 8 Wal-Mart and 2 Sam's Club stores in Maryland. Altogether, SolarCity has installed panels at nearly 150 Wal-Mart/Sam's Club stores in the U.S., and more locations are due. Shares were already trading higher, thanks in part to optimism about Pres. Obama's new renewable energy spending plans.