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.

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

Server Dragos Pintlie drops off a bay shrimp louie salad for Howard Golden at John’s Grill as indoor dining resumes on Wednesday, March 3, 2021. (Kevin N. Hume/S.F. Examiner)
City to allow expanded indoor dining, limited indoor concerts and small conferences

With new COVID-19 cases remaining stable, San Francisco will continue to expand… Continue reading

Kyle and Kristin Hart shown with their children. Kyle was shot and killed by police three days after the birth of their daughter, Ellie. (Courtesy of the Hart family)
Wife of Redwood City man killed by police files federal lawsuit

Kristin Hart calls for city to improve its response to those suffering a mental health crisis

A building at 468 Turk St. on Tuesday, April 13, 2021. (Kevin N. Hume/S.F. Examiner)
Tenderloin residents push back on group housing project proposals

Advocates call for larger units to draw families, counter large number of SROs in neighborhood

Chase Center and the Golden State Warriors hosted a media Welcome Back conference to discuss the safety protocols and amenities when fans return for a basketball game on April 23rd at Chase Center on April 13, 2021 in San Francisco, California. (Photography by Chris Victorio | Special to the S.F. Examiner).
Golden State Warriors ready to welcome fans back to Chase Center

COVID-19 tests, app-based food ordering among new safety protocols announced this week

People came out in numbers to memorialize George Floyd, who was fatally shot by police, outside San Francisco City Hall on June 9, 2020. (Kevin N. Hume/S.F. Examiner)
SFPD prepares for possible protests as Chauvin trial continues

Police to schedule community meetings, provide officers with crowd control training

Most Read