SunPower Corp. stock downgraded on meme trade concerns [Yahoo! Finance]
SunPower Corporation (SPWR)
Last sunpower corporation earnings: 2/12 04:05 pm
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US:NASDAQ Investor Relations:
investors.sunpower.com
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Source: Yahoo! Finance
The firm initiated this downgrade due to SunPower's being an "extreme" example of a stock benefiting from the resurgence of the meme trade. Yahoo Finance's Seana Smith and Madison Mills break down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith Video Transcript Research, downgrading some power to under perform. And that's down from the previous rating, which was that pure perform the stock down over 29% here now Wolf research saying that this stock is the most extreme example of the meme stock resurgence and sea, and we know this is a heavily shorted stock. I was just taking a look at some of the data here. Short interest on this name climbed 96% on Tuesday, but the rally in some power allowed this name to erase all of the 2024 losses. And this comes as the entire equipment solar equipment, stocks space is struggling with higher for longer interest rates, with
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SPWR
News
- SunPower Co. (NASDAQ: SPWR) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- SunPower Announces Nasdaq Delisting Notification [Yahoo! Finance]Yahoo! Finance
- SunPower Announces Nasdaq Delisting NotificationPR Newswire
- EU executive confident its Chinese EV measures comply with WTO, says probe continues [Yahoo! Finance Canada]Yahoo! Finance Canada
- KBRA Update on SunStrong 2018-1 in Wake of SunPower Chapter 11 Filing [Yahoo! Finance]Yahoo! Finance
SPWR
Earnings
- 2/15/24 - Miss
SPWR
Sec Filings
- 8/12/24 - Form 8-K
- 8/12/24 - Form NT
- 8/9/24 - Form 3
- SPWR's page on the SEC website