Tag Archives: spwr

SolarCity, SunEdison, SunPower Flash On Tax Extension

IBD’s Energy-Solar Group shone Wednesday after Congress planned to extend a key solar tax credit by five years. SolarCity (SCTY), SunEdison (SUNE), SunPower (SPWR) and Sunrun (RUN) stocks gapped up double digits. IBD’s 22-company Energy-Solar group was up more than 13% in midday trading on the stock market today, touching a four-month high. Big winners included No. 1 residential installer SolarCity, which was up 26% and hit a four-month high, and

First Solar, SunPower Torched On Missed Sales Guide

First Solar (FSLR) stock got burned Wednesday after the No. 1 solar panel maker guided to 2016 sales that narrowly missed Wall Street predictions at the midpoint, helping to torch SunPower (SPWR) — which announced a debt offering — in its wake. The First Solar-SunPower conflagration bucked an uptrend that lifted solar stocks in Wednesday’s regular session. Shares of SunEdison (SUNE), TerraForm Power (TERP), TerraForm Global (GLBL) and Vivint Solar

SunPower Bucks Yieldco Trend, Vaults SunEdison Flames

SunPower (SPWR) stock vaulted the flames scorching SunEdison (SUNE), TerraForm Power and TerraForm Global stocks on Thursday after issuing 2016 sales guidance that beat Wall Street views. In midday trading Thursday, SunPower stock bucked a three-day downtrend and was up more than 1.5%, near 26. Meanwhile, shares of SunEdison and spinoffs TerraForm Power (TERP) and TerraForm Global (GLBL) were down 0.4%, 3.5% and 7%, respectively. On Thursday,