Your email has been successfully added to our mailing list.

×
0 0 -0.00952380952380953 -0.0285714285714286 -0.0285714285714286 -0.0476190476190477 -0.222952380952381 -0.0960009523809525
Stock impact report

Maxeon Solar: Get Out Before Getting Wiped Out - Strong Sell (Rating Downgrade) [Seeking Alpha]

Maxeon Solar Technologies, Ltd. - Ordinary Shares (MAXN) 
Company Research Source: Seeking Alpha
section 91 of Singapore's Insolvency, Restructuring and Dissolution Act 2018 ("IRDA"). Please note that Maxeon is not pursuing a scheme of arrangement which would have provided existing management the opportunity to potentially preserve some limited value for shareholders. In contrast, judicial management is structurally designed to prioritize creditors above all else with a sale of the company's assets being the most likely outcome at this point. With sales proceeds likely to be only a tiny fraction of the company's sizeable debt, I would expect a total loss for common shareholders. Given my expectations for a near-term delisting of Maxeon Solar's common shares and an ultimate wipe-out for equity holders, I am downgrading the stock from "Sell" to "Strong Sell". Looking for a helping hand in the market? Members of Value Investor's Edge get exclusive ideas and guidance to navigate any climate. Learn More » joegolby/iStock via Getty Images Note: I have covered Maxeon Sol Show less Read more
Impact Snapshot
Event Time:
MAXN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for MAXN alerts
Opt-in for
MAXN alerts

from News Quantified
Opt-in for
MAXN alerts

from News Quantified