SunPower surges again, up 30% in two days, to lead alt energy names

seekingalpha02-13

SunPower (NASDAQ:SPWR) +14.6% in Monday's trading and has surged nearly 30% since Enphase Energy (ENPH) said last week that it expected inventory levels will normalize and demand for solar products ...

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Solar shares are up broadly on Monday, including Enphase (ENPH) +5.7%, SolarEdge Technologies (SEDG) +6.6%, Maxeon Solar (MAXN) +5.5%, Sunnova Energy (NOVA) +5.1%, Sunrun (RUN) +6.5%, Array Technologies (ARRY) +4.7%, Shoals Technologies (SHLS) +4.7%, JinkoSolar (JKS) +4.1%, First Solar (FSLR) +3.9%, Canadian Solar (CSIQ) +3.2%. Among alternative clean energy names: FuelCell Energy (FCEL) +9.2%, Bloom Energy (BE) +6.1%, Clean Energy Fuels (CLNE) +5.9%, Plug Power (PLUG) +5.2%, NextEra Energy Partners (NEP) +3.6%. ETFs: (ICLN), (QCLN), (PBW), (PBD), (ACES), (CNRG), (ERTH), (SMOG) SunPower (SPWR) shares fell to as low as $2.74 a month ago after saying a month ago that it adopted a restructuring plan to cut operating costs, citing slower sales driven in part by interest rates; a month earlier, the company flagged the risk of defaulting on some of its debt and said there was \"substantial doubt\" about its ability to continue as a going concern.  More on SunPower  SunPower Is Experiencing Improving Demand The Bottom Fishing Club: SunPower SunPower: Not Yet Done","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2411787617"}