About SunPower Corporation
SunPower Corporation delivers solar solutions worldwide. It operates through Residential, Light Commercial; Commercial and Industrial Solutions; and Others segments. The company provides solar energy solutions, including sales to its third-party dealer network and resellers, storage solutions, cash and loan sales, and long-term leases directly to end customers; and sells turn-key engineering, procurement, and construction services, as well as sells energy under power purchase agreements. It also offers commercial roof, carport, and ground mounted systems; and post-installation operations and maintenance services. In addition, the company provides residential leasing program services, as well as sells inverters manufactured by third parties. The company also serves investors, financial institutions, project developers, electric utilities, independent power producers, commercial and governmental entities, production home builders, residential owners, and small commercial building owners. The company was incorporated in 1985 and is headquartered in San Jose, California. SunPower Corporation is a subsidiary of Total Energies Nouvelles Activités USA. Address: 51 Rio Robles, San Jose, CA, United States, 95134
SunPower Corporation News and around…
Latest news about SunPower Corporation (SPWR) common stock and company :
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Splunk Inc (SPLK), where a total of 11,935 contracts have traded so far, representing approximately 1.2 million underlying shares. That amounts to about 50.3% of SPLK's average daily trading volume over the past month of 2.4 million shares..
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Today, SunPower Corp. (NASDAQ:SPWR), a leading solar technology and energy services provider, announced the launch of its Virtual Power Plant (VPP) solution, enabling SunVault™ energy storage customers to get paid for allowing the utility to use stored energy during peak demand and contribute to a more stable power grid in their community.
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Manavendra Sial, CFO at Sunpower (NASDAQ:SPWR), made a large insider sell on November 8, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Sial sold 12,634 shares of Sunpower at a price of $32.90. The total transaction amounted to $415,659. Following the transaction, Sial still owns 37,906 shares of the company, worth $1,189,490. Sunpower shares are trading up 0.29% at $31.38 at the time of this writing on Thursda
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Third-quarter earnings showed a lot of momentum for SunPower's residential solar business.
SunPower (SPWR) third-quarter 2021 adjusted earnings beat the Zacks Consensus Estimate by a whopping 200% led by strong demand in residential space.
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Investors in SunPower Corp (SPWR) saw new options begin trading today, for the December 23rd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the SPWR options chain for the new December 23rd contracts and identified one put and one call contract of particular interest.
SunPower fell Thursday after posting a third-quarter loss and revenue that missed expectations. SunPower (ticker: SPWR) posted a third-quarter loss of $84 million compared with year-earlier earnings of $109 million. SunPower declined 1.91% Thursday to $32.32.
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SPWR earnings call for the period ending September 30, 2021.
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