Why ChargePoint, SunPower, and Sunnova Energy Stocks All Popped Today [Yahoo! Finance]
SunPower Corporation (SPWR)
Last sunpower corporation earnings: 2/12 04:05 pm
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Source: Yahoo! Finance
According to the U.S. Department of Labor, the Consumer Price Index was unchanged between April and May, which cooled down the annual inflation rate to 3.3%, a reduction of 10 basis points That means inflation is going down (for now), and it means momentum stocks are going up (for now). Through 1 p.m. ET today, shares of SunPower (NASDAQ: SPWR) are up 1.1%, ChargePoint Holdings (NYSE: CHPT) gained 2.5%, and Sunnova Energy International (NYSE: NOVA) raced ahead with a 10.8% increase. Good news for some, bad news for others What do a residential solar-power company, an electric-car charging company, and a distributed energy specialist have in common? All three are renewable energy stocks tied to the ongoing green energy revolution. According to a report earlier this week from S&P Global Market Intelligence , all three are also among the 10 most-shorted stocks in the market. A staggering 28.9% of SunPower's shares outstanding are currently sold short, while Sunnova has 29.1% sold
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News
- Another Solar Company Goes Bust [Yahoo! Finance]Yahoo! Finance
- Maxeon to Showcase Latest Solar Energy Innovations and New Panel Technologies at Intersolar Europe 2024 [Yahoo! Finance]Yahoo! Finance
- Solar Revolution Gaining Traction: 3 Stocks to Keep an Eye on [Yahoo! Finance]Yahoo! Finance
- Why SunPower Stock Popped on Friday [Yahoo! Finance]Yahoo! Finance
- SunPower Co. (NASDAQ: SPWR) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $2.25 to $2.00. They now have a "sell" rating on the stock.MarketBeat
SPWR
Earnings
- 2/15/24 - Miss
SPWR
Sec Filings
- 6/7/24 - Form 4
- 6/7/24 - Form 4
- 6/5/24 - Form 4
- SPWR's page on the SEC website