The company attributed its staggering 23-fold increase in quarterly losses to its ongoing dispute with U.S. Customs and Border Protection over detained solar modules.
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Maxeon, along with its peers in the renewable energy space, has faced heavy selling pressure since the recent U.S. election.
Solar and clean energy stocks sold off heavily on Wednesday after Donald Trump defeated Kamala Harris ...
Trump is expected to push for the rollback or modification of green policies enacted by the Biden administration.
June S&P 500 E-Mini futures (ESM24) are down -0.36%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.34% this morning after weak manufacturing data raised concerns about the U.S. economic health,...
There were some big stock moves this week and short squeezes are to blame.
Stocks are meandering this morning as U.S. Treasury yields retreated after yesterday’s surge, with investors awaiting Wednesday’s release of a key U.S. inflation report.