Streetbeat News

MAXN

Maxeon Solar Technologies, Ltd.

https://www.maxeon.com

Industry

Solar

Maxeon Solar Technologies, Ltd. designs, manufactures, markets, and sells solar panels and related solar system components worldwide. The company provides interdigitated back contact and shingled solar cells and panels under the SunPower brand. It offers its products to dealers, project developers, system integrators, distributors, resellers, and residential and small-scale commercial customers. Maxeon Solar Technologies, Ltd. was incorporated in 2019 and is headquartered in Singapore.

Open

9.28

Mkt cap

140M

Volume

284K

High

9.86

P/E Ratio

-0.01

52-wk high

780.00

Low

9.11

Div yield

N/A

52-wk low

4.98

Trading for MAXN was halted and has now resumed as of 8:55:00 AM ET. This update is crucial for investors tracking the stock's movements.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:55 pm

Trading for MAXN has been halted as of 7:50:00 p.m. ET due to pending news. Investors should stay alert for updates that could impact the stock's price.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 11:50 pm

Maxeon Solar Technologies (NYSE:MAXN) has seen a 27.01% decrease in its short percent of float, now at 7.73%. This is higher than its peers' average of 3.96%. The decrease in short interest may indicate a more bullish sentiment.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 4:00 pm

Semiconductor and chip stocks are experiencing a rise in share prices due to strong earnings reported by Micron.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2024 | 11:46 am

Maxeon Solar Technologies (NASDAQ:MAXN) shares are declining after announcing a 1-for-100 reverse stock split to avoid Nasdaq delisting due to low trading prices. The company aims to meet the $1 minimum bid price requirement.

Portfolio Pulse from Dylan Berman

September 23, 2024 | 2:43 pm

Maxeon shares are declining following the company's announcement of an approved reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 11:52 am

Granite Point Mortgage Trust shares rose in pre-market trading after announcing dividends for common and preferred stocks. Several other stocks, including Nukkleus Inc. and Wheeler Real Estate Investment Trust, also saw significant pre-market movements.

Portfolio Pulse from Avi Kapoor

September 23, 2024 | 9:46 am

Maxeon Solar Technologies has received a delisting notification from Nasdaq due to non-compliance with the minimum bid price requirement. The company has a 180-day period to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 8:16 pm

Semiconductor stocks are experiencing a rise in share prices due to overall market strength following a Federal Reserve rate cut.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 5:53 pm

Maxeon Solar Technologies has received a notification from the US Customs & Border Protection that its Performance Line and IBC modules are excluded from import due to documentary deficiencies.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 10:43 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.