SunPower Plunges on Default Risk and Going-Concern Warning
(Bloomberg) -- SunPower Corp. plunged the most ever in intraday trading after it breached a credit agreement and said there is “substantial doubt” about its ability to continue operating.Most Read from BloombergUS Frackers Return to Haunt OPEC’s Pricing StrategyBP to Pause All Tanker Transits Through the Red SeaApple to Stop Selling Its Latest Watches in US After Patent LossGulf Splits Hinder US Efforts to End Houthi Ship AttacksAdobe and Figma Terminate $20 Billion Deal After Regulator ClashSha
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