- Barrons.com
SunPower Files for Bankruptcy. It’s the Latest Blow for the Troubled Solar Industry.
The solar installer filed for bankruptcy on Monday as the sector battles rising inventory levels and overall weakness in the solar market.
- Reuters
SunPower files for bankruptcy protection, agrees to sell some assets for $45 million
Shares of SunPower fell about 45% to 44 cents premarket on Tuesday after the company listed its assets and liabilities in the range of $1 billion to $10 billion, in a filing with the bankruptcy court in Delaware late on Monday. "Although technically this bankruptcy process is Chapter 11 (restructuring) rather than Chapter 7 (liquidation), in effect it is a liquidation of SunPower," said Raymond James analyst Pavel Molchanov.
- InvestorPlace
3 Nasdaq Stocks to Sell Before the Next Market Crash: Q3 Edition
Nasdaq is one of the world’s most active stock exchanges. The exchange takes pride in only allowing companies that meet its stringent requirements, including an aggregate earning of $11 million over the last three years and no net loss. Further, companies pay less to get listed on the Nasdaq than on the NYSE, making it more attractive. However, just because a stock has NASDAQ before its ticker symbol does not mean it’s immediately worth your money. Companies come and go, no matter the exchange,
