Why SunPower Stock Is Rocking Today

Rich Smith, The Motley Fool

4 August 2020 at 1:28 pm·2-min read

Shares of solar panel producer SunPower Corp (NASDAQ: SPWR) are on the upswing today, rising 12.5% through 1 p.m. EDT trading -- and SunPower probably has SolarEdge (NASDAQ: SEDG) to thank for that. Earlier today, solar power "inverter" maker SolarEdge reported blowout earnings for its fiscal second quarter, more than 40% ahead of what Wall Street had expected it to earn. SunPower really has no news to report today, and yet the gains the stock is racking up rival those SolarEdge received in response to its stellar earnings.

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Why SunPower Stock Is Rocking Today

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