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

Just Posted

San Francisco health experts recommend that pregnant women should receive the COVID-19 vaccine, as well as a booster shot. (Unai Huizi/Shutterstock)
What pregnant women need to know about COVID and booster shots

Questions regarding COVID-19 booster shots for pregnant people have been pouring in… Continue reading

Examiner reporter Ben Schneider drives an Arcimoto Fun Utility Vehicle along Beach Street in Fisherman’s Wharf on Tuesday, Oct. 19, 2021. (Kevin N. Hume/The Examiner)
Could San Francisco’s tiny tourist cruisers become the cars of the future?

‘Fun Utility Vehicles’ have arrived in The City

Badly needed rain cooled off pedestrians on Market Street in The City on Wednesday. (Kevin N. Hume/The Examiner)
Storm door opens in San Francisco — what will the rains bring?

‘Come Monday, fire season in Northern California should be done’

The so-called “twindemic” that public health officials in California and elsewhere warned about last year — the combined threat of influenza and COVID-19 — was largely eased by the wide use of face masks, physical distancing and reduced travel, experts say. But their concerns are back this year. (Shutterstock)
COVID and the flu: Is a ‘twindemic’ threat lurking again?

‘Because of so little disease last year, population immunity is likely lower’

49ers' quarterback Jimmy Garoppolo hopes to return to the field this weekend to lead San Francisco against the Colts. (Photo courtesy of 49ers)
NFL Week 7 picks: Niners face crucial matchup against the Colts

San Francisco could join Seattle on the brink of irrelevancy in the NFC West with another loss

Most Read