Midday stock check: SunPower shines

The largest share price increase in mid-afternoon trading Eastern Standard Time was enjoyedby SunPower Corp. (SPWR), the San Jose solar-electric products manufacturer, which saw its share price rise 7.50 percent. The stock was upgraded by an analyst earlier this week, according to Schaeffers Research.

San Mateo mutual fund company Franklin Resources Inc. (BEN) dropped more than 8 points, or 6.41 percent, following an earnings report that showed a rise in quarterly profit that didn’t meet Wall Street expectations, according to Reuters.

It was the largest share price drop thus far today among the 50 Bay Area stocks tracked by The Examiner.

The market was up overall in mid-afternoon trading, with the Dow up .86 percent, the Nasdaq up 1.78 percent and the S&P 500 up 1.22 percent.

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

Man injured in SF police shooting suspected of assault, battery

DA has yet to file formal charges against Jamaica Hampton, 24

It’s official: SF e-scooter company workers vote to unionize, a first

San Francisco e-scooter company Spin may be the first in the nation… Continue reading

Muni lobbies for funding to buy more trains after fixing problems with first batch

Muni’s $1.1 billion new train fleet debuted with multiple problems — but… Continue reading

City supervisors move to save CCSF classes after budget cuts

San Francisco supervisors are proposing funding to restore hundreds of classes that… Continue reading

SFPD officer who delivered false testimony had prior credibility issues

New records shed light on past conduct of Officer Nicholas M. Buckley

Most Read