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

Recology executives have acknowledged overcharging city ratepayers. (Mira Laing/2017 Special to S.F. Examiner)
Recology to repay customers $95M in overcharged garbage fees, city attorney says

San Francisco’s waste management company, Recology, has agreed to repay its customers… Continue reading

A construction worker watches a load for a crane operator at the site of the future Chinatown Muni station for the Central Subway on Tuesday, March 3, 2021. (Sebastian Miño-Bucheli / Special to the S.F. Examiner)
Major construction on Central Subway to end by March 31

SFMTA board approves renegotiated contract with new deadline, more contractor payments

(Kevin N. Hume/S.F. Examiner)
Settlement clears path for all youth, high school sports to resume in California

John Maffei The San Diego Union-Tribune All youth and high school sports… Continue reading

State to reserve 40 percent of COVID-19 vaccines for hard-hit areas

By Eli Walsh Bay City News Foundation State officials said Thursday that… Continue reading

Neighbors and environmental advocates have found the Ferris wheel in Golden Gate Park noisy and inappropriate for its natural setting. <ins>(</ins>
Golden Gate Park wheel wins extension, but for how long?

Supervisors move to limit contract under City Charter provision requiring two-thirds approval

Most Read