SunPower Slides After Disclosing Plans to Restate Earnings [Yahoo! Finance]
SunPower Corporation (SPWR)
Last sunpower corporation earnings: 2/12 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.sunpower.com
Company Research
Source: Yahoo! Finance
Most Read from Bloomberg Ray Dalio's Famous Trade Is Sputtering, Investors Bailing Apple's China iPhone Sales Dive 19% in Worst Quarter Since 2020 Trump Has Only $6.8 Million for Legal Fees With Trial Underway Zimbabwe's ZiG Wipes Out 330% Stocks Rally Elon Musk's Robotaxi Dreams Plunge Tesla Into Chaos The rooftop solar company expects the revisions related to misclassifying sales commissions and other costs to decrease 2022 and 2023 income from continuing operations by $15 million to $25 million, according to a filing Tuesday. The shares tumbled as much as 17%, the steepest intraday loss since December, before clawing back most of that decline. The revision comes at a difficult time for the company. SunPower replaced its top executive this year and defaulted on a credit agreement in late 2023 after an earlier earnings revision that delayed results. SunPower had to raise $200 million to ease a cash crunch and in January announced plans to restructure operations to re
Show less
Read more
Impact Snapshot
Event Time:
SPWR
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SPWR alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SPWR alerts
High impacting SunPower Corporation news events
Weekly update
A roundup of the hottest topics
SPWR
News
- SunPower Stock Is Down 55% This Year. Is It a Buy? [Yahoo! Finance]Yahoo! Finance
- SunPower Co. (NASDAQ: SPWR) had its price target lowered by analysts at Scotiabank from $6.00 to $4.00. They now have a "sector perform" rating on the stock.MarketBeat
- Enphase Energy and SunPower: Solar stocks sliding [Yahoo! Finance]Yahoo! Finance
- It's a cloudy day for SunPower. [Verge, The]Verge, The
- SunPower to Cut Almost One-Third of Workforce [BNN Bloomberg (Canada)]BNN Bloomberg
SPWR
Earnings
- 2/15/24 - Miss
SPWR
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 4/24/24 - Form 8-K
- SPWR's page on the SEC website