SunPower Inc. Common Stock
SPWRComplete Solaria, Inc. (SPWR) is a leading provider of solar power products and solutions. The company designs, develops, and manufactures high-performance solar modules and systems for residential, commercial, and utility-scale applications. Known for its innovative technology and efficient manufacturing processes, Complete Solaria aims to advance renewable energy adoption globally.
Company News
SunPower received a Nasdaq deficiency notice for failing to timely file its Q3 Form 10-Q quarterly report, with 60 days to submit a compliance plan.
U.S. stocks closed lower on Friday, with the Dow Jones Industrial Average down 0.93%. Losses were seen in the Consumer Goods, Oil & Gas, and Technology sectors.
Scholastic reported weaker-than-expected Q4 results, leading to a 11.9% drop in its stock price in pre-market trading. Other companies like CrowdStrike, SunPower, and Plug Power also saw significant declines in their stock prices.
Inflation came in cooler than expected, leading to speculation that interest rates will fall. This has positively impacted solar energy stocks, as lower interest rates are a key driver for the industry's long-term contracts and financing.
Arista Networks and Rockwell Automation have been highlighted as Zacks Bull and Bear of the Day
