SunPower keeps on shining with gains over 15 percent

It was a day of spikes for Bay Area stocks. San Jose’s SunPower Corp. (SPWR) surged, gaining more than 15.7 percent by the close of trading, while Sun Microsystems Inc. (JAVA) fell sharply, dropping more than 9.6 percent by the close of the markets.

Also on the upside, San Francisco’s Gap Inc. (GPS) rose by more than 3.8 percent, while Cupertino-based Symantec Corp. (SYMC) showed the second largest drop of the day, falling more than 4.6 percent. 

The markets were up overall. The Dow Jones rose 0.87 percent, the Nasdaq by 1.07 percent and the S&P 500 by 1.20 percent.

Companies in the news included Sunnyvale’s Yahoo Inc. (YHOO), executives of which were called before Congress to testify on their company’s role in the arrest of a Chinese journalist.

Just Posted

Thirty years after Loma Prieta, is San Francisco ready for the next ‘big one?’

Bay Area residents breathed a sigh of relief this week after a… Continue reading

Mayor sets deadline to empty seismically unsafe jail, but city still lacks a plan to make it happen

On the 30th anniversary of the devastating Loma Prieta earthquake, Mayor London… Continue reading

SF files motion to dismiss NRA’s lawsuit over ‘domestic terrorist’ label

San Francisco filed a motion Thursday to dismiss the lawsuit filed against… Continue reading

With Loftus set to take office, poll shows voters disapprove of last-minute DA appointment

Mayor London Breed made an unpopular decision when she named candidate Suzy… Continue reading

‘My brother in Baltimore’: Pelosi reacts to death of U.S. Rep. Elijah Cummings

U.S. House Speaker and Baltimore native Nancy Pelosi mourned the death of… Continue reading

Most Read