Shares of solar stocks are trading lower in sympathy with Sunpower, which reported weak preliminary Q2 results.
Portfolio Pulse from Benzinga Newsdesk
Solar stocks are trading lower following Sunpower's weak preliminary Q2 results.
July 26, 2023 | 1:24 pm
News sentiment analysis
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NEGATIVE IMPACT
Enphase Energy's stock price is trading lower in sympathy with Sunpower.
As a company in the same sector, Enphase Energy's stock price is affected by Sunpower's weak Q2 results, leading to a decrease in its stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
SolarEdge Technologies' stock price is trading lower in sympathy with Sunpower.
As a company in the same sector, SolarEdge Technologies' stock price is affected by Sunpower's weak Q2 results, leading to a decrease in its stock price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Sunpower's weak Q2 results have led to a decrease in its stock price.
Sunpower's weak Q2 results have negatively impacted investor sentiment, leading to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100