SunPower Stock Attempts To Bounce Back: What's Going On?

SunPower Corporation (NASDAQ:SPWR) shares are volatile Monday. The stock tumbled last week after the company halted shipments and solar installations.

The Details:

SunPower shares fell more than 70% last week after the company informed clients it was halting product shipments and deactivating lease and power purchase agreements. SunPower cited its efforts to address financial challenges as the reason for these pauses, according to Reuters.

Several analysts have downgraded SunPower following the operational halt: 

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How To Buy SPWR Stock:

By now you're likely curious about how to participate in the market for SunPower – be it to purchase shares, or even attempt to bet against the company.

In the the case of SunPower, which is trading at $0.76 as of publishing time, $100 would buy you 131.58 shares of stock.

SPWR Price Action: According to Benzinga Pro, SunPower shares are up 5.1% at 71 cents at the time of publication Monday.

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