Sunrun stock surges, company sees opportunity after SunPower files for bankruptcy

Sunrun stock surges, company sees opportunity after SunPower files for bankruptcy

A contractor carries a SunRun solar panel on the roof of a home in San Jose, California, U.S., on Monday, Feb. 7, 2022.  David Paul Morris | Bloomberg | Getty Images Sunrun stock jumped nearly 14% on Wednesday as the rooftop solar installer sees an opportunity to snag market share after competitor SunPower filed for … Read more

SunPower files for bankruptcy, plans to sell assets — stock plummets

SunPower files for bankruptcy, plans to sell assets — stock plummets

Workers install solar panels during a SunPower installation on a home in Napa, California, on July 17, 2023. David Paul Morris | Bloomberg | Getty Images The rooftop solar installer SunPower has filed for bankruptcy, after struggling for months in the face of high interest rates and allegations of misconduct in its reporting practices. SunPower … Read more

SunPower stock collapses to nearly $1 as company halts leases, installations and shipments

SunPower stock collapses to nearly  as company halts leases, installations and shipments

Workers install solar panels during a SunPower installation on a home in Napa, California, US, on Monday, July 17, 2023.  David Paul Morris | Bloomberg | Getty Images SunPower stock collapsed more than 40% this week after the company informed dealers that it will no longer support new leases, installations or product shipments, with analysts … Read more

Reddit shares close near record after two-day meme stock rally

Reddit shares close near record after two-day meme stock rally

Traders work as Reddit’s logo is displayed, at the New York Stock Exchange (NYSE) in New York City, U.S., March 21, 2024.  Brendan Mcdermid | Reuters Reddit shares popped 7% on Tuesday, climbing for a second straight day after retail traders kicked off a buying frenzy of so-called meme stocks. The stock closed at $62.34, … Read more