Previous Close | 2.5400 |
Open | 2.7500 |
Bid | 2.5000 |
Ask | 2.5800 |
Strike | 5.00 |
Expire Date | 2024-07-19 |
Day's Range | 2.5600 - 2.8000 |
Contract Range | N/A |
Volume | |
Open Interest | 184 |
SunPower Corporation (SPWR) stock has been downgraded by Wolfe Research to Underperform from Peer Perform. 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
The solar company’s shares are falling—and it may be a preview of what’s to come for GameStop and AMC.
(Bloomberg) -- Heavily shorted SunPower Corp. shares more than doubled at one point on Tuesday, putting them on track for a record gain, as the stock of the solar power company got caught up in the latest meme-stock frenzy.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsFlood of China Used Cooking Oil Spurs Call to Hike US LeviesHow One of the World's Oldest Hedge Funds Went BankruptMacron Puts Fre