statis IN Watchlist

Nifty 50

Nifty Bank

Reliance Industries Ltd.

Zomato Ltd.

Tata Consultancy Services

Tata Motors Ltd.

HDFC Bank Ltd.

ITC Ltd.

Bitcoin

Adani Enterprises Ltd

Axis Bank Ltd

Bajaj Finance Ltd

statis US Watchlist

SPDR S&P 500 ETF

Invesco QQQ Trust Series 1

Apple Inc.

Tesla Inc

Microsoft Corporation

NVIDIA Corp

 Hey, I want to invite you to join Stocktwits. It’s the largest global community of active traders. You’ll get access to the real-time market insights, news, discussion and much more! You can sign up using my unique link below 
 


 has invited you to join Stocktwits

Sunnova Solar + Storage Systems Powered Nearly 3,000 Customers Through Hurricane Beryl

Sunnova Energy International, Inc. ('Sunnova') (NYSE: NOVA), an industry-leading adaptive energy services company, announced today that it powered the homes of almost 3,000 customers in the Houston...

Barclays Reaffirms Their Buy Rating on Sunnova Energy International (NOVA)

In a report released today, Christine Cho CFA from Barclays maintained a Buy rating on Sunnova Energy International (NOVA Research Report), with...

Hurricane Beryls Devastating Impact on Houston Power Grid Reinforces Value of Sunnova Solar + Storage Service for Homeowners

Sunnova Energy International, Inc. ('Sunnova') (NYSE: NOVA), an industry-leading adaptive energy services company, reinforced the value of Sunnova SunSafe solar + battery storage service in the...

Maxeon Solar Technologies Ltd. has been in a freefall, with its stock price down a staggering 96.87% year-to-date compared to the S&amp;P 500's 18% gain. Despite this plunge, retail investors have shown surprising optimism, reflected in a moderately bullish Stocktwits sentiment score of 55/100. Notably, the stock has seen the highest weekly change in message volume over the past two weeks.<figure class="image"><img style="aspect-ratio:1274/744;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/MAXN_sentiment_meter_2024_ed5a8824b1.png" alt="MAXN historic sentiment meter " width="1274" height="744"><figcaption>MAXN historic sentiment meter&nbsp;</figcaption></figure>Just over six months ago, Maxeon's market cap exceeded $1.8 billion. Now, its value has plummeted to a mere $13.23 million. The stock has consistently traded below its 50-day moving average for over a month and exhibits an average daily trading volume of 5.9 million shares.<figure class="image"><img style="aspect-ratio:1322/592;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/MAXN_YTD_stock_drop_2024_966ec11d0f.png" alt="MAXN stock drop with Stocktwits message volume spike" width="1322" height="592"><figcaption>MAXN stock drop with Stocktwits message volume spike</figcaption></figure>In Q1 2024, the Singapore-based company reported a significant revenue decline to $187 million from $318.3 million a year earlier, citing challenging market conditions, rising borrowing costs, and regulatory shifts impacting demand.The company's situation worsened after issuing a "going concern" warning. Its main stakeholder, TCL Zhonghuan Renewable Energy Technologies, also announced a $197.5 million investment ($100 million in stock and $97.5 million in debt). This move, however, caused significant share dilution.&nbsp;It also faces multiple shareholder lawsuits alleging an undisclosed reliance on exclusive sales to SunPower. The broader solar energy sector has also faced headwinds recently, with slowing demand due to high interest rates. Sunnova shares have plunged over 54% year-to-date, while Enphase Energy, Sunrun, and SolarEdge have declined 14%, 21%, and 70%, respectively.Maxeon faces an additional challenge with a high short interest of nearly 78% of its free float, indicating significant bearish sentiment from institutions. This high short interest could potentially lead to a short squeeze, similar to those seen with meme stocks, but the stock lacks a clear catalyst to initiate that type of move.Interestingly, Stocktwits activity suggests that many retail investors remain optimistic about Maxeon's potential, citing factors like the planned $1 billion New Mexico plant construction bolstered by the Inflation Reduction Act.One such bullish voice, user <a href="https://stocktwits.com/NachoTheBull/message/579519515">NachoTheBull</a>, expressed optimism: "Huge catalyst if they break ground on the new factory in NM. I'm also banking on a turnaround in the solar industry with upcoming interest rate cuts. Yes, it's still a gamble, but I believe the company is oversold and has significant upside potential."<figure class="image"><a href="https://stocktwits.com/NachoTheBull/message/579519515"><img style="aspect-ratio:1316/722;" src="https://st-everywhere-cms-prod.s3.us-east-1.amazonaws.com/MAXN_user_comment_Jul_15_5afc2a41f1.png" alt="Stocktwits user NachoTheBull's post on MAXN symbol stream." width="1316" height="722"></a><figcaption>Stocktwits user NachoTheBull's post on MAXN symbol stream.</figcaption></figure> &nbsp;

Bullish On Battered Solar Stock? Retail Investors Bet On Brighter Days For Maxeon

Maxeon's stock price craters, yet retail investors remain optimistic on a handful of factors

Equity

Maxeon's stock price craters, yet retail investors remain optimistic due to a planned New Mexico factory and potential solar industry upswing.

Here Are The Markets Moving Higher As Trump's Election Odds Rise

Here Are The Markets Moving Higher As Trump's Election Odds Rise

 "I'm not supposed to be here, I'm supposed to be dead," former President Trump told the New York Post on Sunday while...

Sunnova Announces Second Quarter 2024 Earnings Release Date and Conference Call

Sunnova Energy International Inc. ('Sunnova') (NYSE: NOVA), a leading adaptive energy services company, announced today it will release its second quarter 2024 results after the markets close on July...

Sunnova Announces Appointment of Eric Williams as Chief Financial Officer

Sunnova Energy International Inc. (Sunnova) (NYSE: NOVA), an industry-leading adaptive energy services company, announced that Eric Williams has been appointed Executive Vice President, Chief...

GoodWe C&I Solution Added to Sunnova's Approved Vendor List for US Market

GoodWe C&I Solution Added to Sunnova's Approved Vendor List for US Market GoodWe C&I Solution Added to Sunnova's Approved Vendor List for US Market PR Newswire DENVER, May 22, 2024 GoodWe's 50/60 kW...

Sunnova Releases 2023 Sustainability Report, Delivering On its Efforts to Empower, Adapt, and Evolve

Sunnova Energy International, Inc. ('Sunnova') (NYSE: NOVA), an industry-leading adaptive energy services company, has announced the publication of its fourth annual Sustainability Report for the...

Sunnova Reports First Quarter 2024 Financial Results

Sunnova Energy International Inc. ('Sunnova') (NYSE: NOVA), a leading adaptive energy services company, today announced financial results for the first quarter ended March 31, 2024. Our team is...

Sunnova Energy International, Inc. is an energy services company, which engages in the provision of responsive energy management solutions. The firm also offers solar energy products and services. The company was founded by William Jackson Berger in 2012 and is headquartered in Houston, TX.

Volume	7.12M
52-Wk High	$18.49
52-Wk Low	$3.37

NOVA Sunnova Energy International Inc

About

Feed

News

Sentiment

Earnings

Fundamentals