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

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

Exicure, Inc. (NASDAQ:XCUR) shares surged 179.9% in pre-market trading after receiving a Nasdaq listing extension. Other notable pre-market movers include Zeo Energy Corp. (NASDAQ:ZEO) up 288.9%, Telesis Bio, Inc. (NASDAQ:TBIO) up 138.4%, and Venus Concept Inc. (NASDAQ:VERO) up 82.8%.

Portfolio Pulse from Avi Kapoor

September 19, 2024 | 9:26 am

Semiconductor stocks are seeing a rise, potentially in response to NVIDIA's performance and Vice President Harris's comments on investing in American technology for AI and quantum computing.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 7:12 pm

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