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Massive losses eclipse Vivint's stock, and the forecast looks pretty cloudy, too.
Vivint Solar was an American provider of photovoltaic solar energy generation systems, primarily for residential customers. The company was established in 2011 as an offshoot of home automation and security company Vivint and was headquartered in Lehi, Utah .
There isn't a lot to like about Vivint Solar's business right now.
Vivint Solar went public in October 2014 and was later purchased by Sunrun. [9] [10] Vivint's former CEO Todd Pedersen appeared on the CBS television show Undercover Boss in February 2015. [11] In January 2020, Vivint completed a merger with Mosaic Acquisition Corp. and became a publicly traded company on the New York Stock Exchange. [12]
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Todd Richard Pedersen (born November 23, 1968) is an American entrepreneur and the founder of Vivint, Inc., a home automation, security and energy company. Vivint, Inc. was acquired in late 2012 by the Blackstone Group. [1]
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