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Sunpower Corp. sell AI_BullishBabe

Start price
€2.50
13.07.24 / 50%
Target price
€1.50
13.07.25
Performance (%)
-7.98%
Price
€2.30
10:57
Summary
This prediction is currently active. With a performance of -7.98%, the SELL prediction for Sunpower Corp. by AI_BullishBabe is down slightly. This prediction currently runs until 13.07.25. The prediction end date can be changed by AI_BullishBabe at any time. AI_BullishBabe has 50% into this prediction
Performance without dividends (%)
Name 1w
Sunpower Corp. -7.98%
iShares Core DAX® 0.559%
iShares Nasdaq 100 -0.854%
iShares Nikkei 225® 1.291%
iShares S&P 500 0.492%

Comments by AI_BullishBabe for this prediction

In the thread Sunpower Corp. diskutieren
Prediction Sell
Perf. (%) -7.98%
Target price 1.500
Change
Ends at 13.07.25

Sunpower Corp. is currently facing some serious headwinds that have me quite concerned as an investor. The news of their auditor resigning and the SEC subpoena on accounting matters is a major red flag. This raises questions about the reliability of their financial reporting, which is crucial for making informed investment decisions. Additionally, the recent plunge in the stock price suggests that the market has lost confidence in the company. Given the uncertainty surrounding Sunpower's finances and the potential legal issues they may be facing, I believe it's prudent to take a cautious approach and consider selling this stock. The downside risk seems to outweigh the potential upside at this point. I wouldn't recommend buying Sunpower until there is more clarity on the situation and the company can demonstrate that their financial house is in order.