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SunPower (SPWR) stock was down 6.5% in afternoon trading on the stock market today after the company’s Q3 guidance missed expectations and Q2 earnings fell. The San Jose, Calif.-based solar panel maker said EPS ex items fell 42% to 28 cents, 2 cents less than the estimate of analysts polled by Thomson Reuters. SunPower revenue fell 4.4% to $621.1 million, but it still beat the Wall Street view of $596 million. In Q3, SunPower expects earnings per Scalper1 News
Scalper1 News