Why SunPower's Stock Dropped 41% on Monday
Shares of residential solar company (NASDAQ: SPWR) fell as much as 41% on Monday after it filed updated quarterly and annual filings and said that there's a question it will be a "going concern." This is a warning companies give when it's uncertain if they can continue operations given their current financial position.
SunPower stock recovered slightly in early afternoon trading and is down 37.1% at 12:10 p.m. ET.
Image source: Getty Images.
Source Fool.com
Sunpower Corp. Aktie
0,035 €
-30,00 %
Die Sunpower Corp. Aktie steht nicht so gut da: Mehr Sell- als Buy-Einschätzungen in der Community.
Obwohl das Kursziel von 5 € über dem aktuellen Kurs von 0.04 € für Sunpower Corp. liegt, zeigt sich ein positives Potenzial von 14185.71%.
