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.

businessBusiness & Real Estate

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

The sidewalk on Egbert Avenue in the Bayview recently was cluttered with car parts, tires and other junk. <ins>(Kevin N. Hume/The Examiner)</ins>
New surveillance effort aims to crack down on illegal dumping

’We want to make sure we catch people who are trashing our streets’

The recall election for California Gov. Gavin Newsom is scheduled for Sept. 14. (Kevin N. Hume/The Examiner)
SF could play a big role in overcoming Democrat apathy, driving voter turnout for Newsom

San Francisco voters are not used to swaying elections. Just think of… Continue reading

Health care workers treat a Covid-19 patient who needs to be intubated before being put on a ventilator at Providence St. Mary Medical Center during a surge of cases in Apple Valley, Dec. 17, 2020. Confronted with surging infections, California became the first state in the country to mandate coronavirus vaccines or testing for state employees and health-care workers. (Ariana Drehsler/The New York Times)
In California, a mix of support and resistance to new vaccine rules

By Shawn Hubler, Livia Albeck-Ripka and Soumya Karlamangla New York Times SACRAMENTO… Continue reading

Dave Hodges, pastor at Zide Door, the Church of Entheogenic Plants that include marijuana and psilocybin mushrooms, holds some psychedelic mushrooms inside the Oakland church on Friday, July 22, 2021. (Kevin N. Hume/The Examiner)
Psychedelic spirituality: Inside a growing Bay Area religious movement

‘They are guiding us into something ineffable’

Most Read