SunPower Corporation (SPWR) News
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SPWR News Highlights
- For SPWR, its 30 day story count is now at 21.
- Over the past 14 days, the trend for SPWR's stories per day has been choppy and unclear. It has oscillated between 1 and 9.
- DOW, SHIP and TASK are the most mentioned tickers in articles about SPWR.
Latest SPWR News From Around the Web
Below are the latest news stories about SUNPOWER CORP that investors may wish to consider to help them evaluate SPWR as an investment opportunity.
Why SunPower's Shares Dropped 27% This WeekQuestions about SunPower's long-term survival surfaced this week. |
Danger Zone: 3 Companies That Could Declare Bankruptcy in 2024Despite a strong economy and stock market rally, 2023 saw its fair share of bankruptcy filings. |
Why solar energy stocks may be down, but not out: StrategistSolar energy stocks have taken a hit in 2023 due to higher interest rates which caused less demand for solar projects from retail consumers. However, the solar sector may still have a bright future ahead of itself in 2024 as rates are expected to come down and green initiatives are adopted. Raymond James Managing Director Pavel Molchanov joins Yahoo Finance to discuss the success solar energy space's outlook. "I know it might seem surprising, but actually the amount of solar installations in 2023 is a record globally, including a record in the United States," Molchanov states. "So it's not a volume problem. It's in some cases more of a margin problem and, of course, for the stocks as distinct from the fundamentals, it's also a question of valuation, right? So stocks can be down even if... |
SunPower (NASDAQ:SPWR): No Rise-and-Shine Moment for This Solar StinkerSunPower (NASDAQ:SPWR) was once a highly promising business for solar industry investors. Yet, the chances of a rise-and-shine moment are getting dimmer every day, as the news surrounding SunPower is downright alarming. I don’t want to see SunPower fail, but I am bearish on SPWR stock after reviewing all of the relevant facts and circumstances. Headquartered in California, SunPower provides solar power equipment and services, mainly for residential applications. Because the federal government an |
Dow, Nasdaq On Track For 8th-Straight WinThe S&P 500 is in the midst of its own hot streak. |
Why Is SunPower (SPWR) Stock Down 35% Today?Although SunPower is suffering a devastating loss today due to a credit agreement breach, all may not be lost for SPWR stock. |
SunPower Stock Plunges as It Warns That Debt Could Threaten BusinessSunPower Corp. shares plummeted more than 30% Monday after the solar company warned that it could go out of business if creditors decide to demand immediate payment of its debt. |
SunPower Plunges on Default Risk and Going-Concern Warning(Bloomberg) -- SunPower Corp. plunged the most ever in intraday trading after it breached a credit agreement and said there is “substantial doubt” about its ability to continue operating.Most Read from BloombergApple to Halt US Sales of Smartwatches After Patent LossApple Races to Tweak Software Ahead of Looming US Watch BanGulf Splits Hinder US Efforts to End Houthi Ship AttacksUS Frackers Return to Haunt OPEC’s Pricing StrategyUS Announces New Task Force to Counter Houthi Red Sea ThreatShares |
Why SunPower's Stock Dropped 41% on MondayIs SunPower a going concern? |
SunPower Stock Plunges on ‘Going Concern’ Warning.Shares of SunPower were sinking Monday after the solar company issued a “going concern” warning on the heels of a potential default. The stock had tumbled 35% to $3.97, putting it on track for its largest decrease on record, based on available data back to 2005, according to Dow Jones Market Data. In a securities filing Monday, the company said it breached a credit agreement when it delayed third-quarter financial results, which could result in a potential default. |