SunPower Corporation Stock News

Solar panel maker Maxeon said on Friday it plans to object to a bankruptcy court sale of SunPower's assets because it says it owns the right to use the company's brand name outside of the United States.

A U.S. bankruptcy court judge approved on Thursday a $45 million bid for the assets of failed residential solar company SunPower by rival Complete Solaria.

SunPower (NASDAQ: SPWR ) stock is falling on Tuesday after the solar power company notified investors of a delisting notice from the Nasdaq Exchange. Shares of SPWR stock are facing delisting due to the company's bankruptcy filing last week.

RICHMOND, Calif. , Aug. 12, 2024 /PRNewswire/ -- SunPower Corp. (the "Company" or "SunPower"), a leading residential solar technology and energy services provider, today announced that the Company received a notice from the Nasdaq Stock Market LLC ("Nasdaq") that it has determined to delist the Company's common stock on Nasdaq.

Difficult-to-short stocks are likely to lag the market. Few investors are aware of this tendency, much less act on it, because they instead focus on finding stocks that can outperform the market.

OVERLAND PARK, KS / ACCESSWIRE / August 8, 2024 / Tortoise Capital today announced that SunPower Corp (NASDAQ:SPWR) will be removed from the Tortoise Decarbonization Infrastructure IndexSM (DCRBN) as a result of its announced bankruptcy and asset purchase agreement with Complete Solaria, Inc. SPWR will be removed from the index when the market opens on Aug. 9, 2024. Special rebalancing is not r...

Sunrun CEO Mary Powell said the company is having conversations with many of SunPower's former dealers. SunPower filed for bankruptcy on Monday as the company has struggled for months in the face of high interest rates and allegations of misconduct in its reporting practices.

The solar installer filed for bankruptcy on Monday as the sector battles rising inventory levels and overall weakness in the solar market.