MAXN - Why Shares of Maxeon Solar Technologies Are Red-Hot This Week
Despite hitting a speed bump in the middle of the month when it reported Q2 2022 earnings , Maxeon Solar Technologies (NASDAQ: MAXN) ended August on a high note, flying more than 15% higher.
And the solar stock has shown no sign of slowing down in September. While it dipped during the first two days of the month, Maxeon's stock has roared back this week, thanks to an analyst's bullish commentary.
As of 3:16 p.m. ET, shares of Maxeon are up 22.5%, according to data from S&P Global Market Intelligence .
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Why Shares of Maxeon Solar Technologies Are Red-Hot This Week