NasdaqGS - Nasdaq Real Time Price USD

Maxeon Solar Technologies, Ltd. (MAXN)

8.78

+0.68

(+8.46%)

As of 1:28 PM EST. Market Open.

Maxeon Announces Restructuring of Business Portfolio

Maxeon Solar Technologies (NASDAQ: MAXN) today announced a broad strategic restructuring of the Company's business portfolio and geographic market focus. Going forward, the Company intends to focus exclusively on the U.S. market where its market presence and planned local manufacturing footprint create a strong platform to drive growth and profitability. As a key part of this strategy, Maxeon has executed a five-year lease of an existing building in Albuquerque, New Mexico and plans to begin sol

PR Newswire 6 days ago

MAXN
+8.46%
Maxeon Provides Update on CBP Detention of its Solar Panels

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) ("Maxeon" or the "Company"), a global leader in solar innovation and channels, today announced that Maxeon solar panels continue to be detained and inexplicably excluded from being imported from its Mexico manufacturing facilities into the U.S. market. Despite having fully and transparently mapped its supply chains and provided U.S. Customs & Border Protection (CBP) officials with thorough traceability documentation of its clean supply chain, CBP re

PR Newswire 18 days ago

MAXN
+8.46%
Maxeon Announces CEO Leadership Transition

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced that Bill Mulligan, Chief Executive Officer, will retire at the end of January 2025. George Guo, formerly an advisor to the Chairman of TCL Group and previous CEO of TCL Communication Technology, has assumed the role of Maxeon CEO and joined its Board of Directors effective October 11, 2024. Mulligan will aid the leadership transition through January.

PR Newswire last month

MAXN
+8.46%
Maxeon Announces Reverse Stock Split

Maxeon Solar Technologies (MAXN) has released an update. Maxeon Solar Technologies has announced a reverse stock split of its ordinary shares at a 1-for-100 ratio to meet Nasdaq’s minimum bid requirement. The adjustment will be effective on October 8, 2024, reducing the total number of outstanding shares and ensuring proportional adjustments to warrants, convertible notes, and equity-based awards. Shareholders will not be required to take action as the changes will be automatically reflected in

TipRanks last month

MAXN
+8.46%
Maxeon Receives Nasdaq Notification and is Proceeding with Approved Reverse Stock Split

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) (the "Company"), a global leader in solar innovation and channels, announced that on September 17, 2024, it received a Staff Determination letter (the "Determination Letter") from the staff of the Listing Qualifications Department (the "Staff") of the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company of the Staff's determination to delist the Company's securities from The Nasdaq Global Select Market pursuant to Nasdaq Listing Rule 5810(c)(3)(

PR Newswire 2 months ago

MAXN
+8.46%
What do rate cuts, the election mean for solar energy stocks?

Mizuho Americas director of clean energy equity research Maheep Manley joins Julie Hyman and Josh Lipton on Market Domination to discuss what next week's expected interest rate cut and the upcoming presidential election mean for the solar energy sector. “There's a nice transition from interest rates to solar,” Manley says explaining that “we've seen this industry react to any positive news on interest rates” and “we'll continue to see that going forward.” The analyst tells Yahoo Finance that most companies in the solar industry have a high debt-to-capital ratio, so there’s “a lot of upside there” if the Federal Reserve does in fact opt to cut rates. Solar companies “generally tend to do better in a lower interest rate environment,” he adds. Solar stocks came into focus after the presidential debate on Tuesday. A victory for Vice President Kamala Harris in November could “keep the status quo of the Inflation Reduction Act,” which includes tax incentives for clean energy. The analyst highlights that First Solar is “the biggest beneficiary” of current tax incentives as “more than 60% of their EPS in our estimates for 2025 would come from these incentives from the Inflation Reduction Act (IRA). Manley adds, “I don't think it'll be very bad news if Republicans or Trump come on in,” with “at worst” a 20% or 25% impact on solar stocks. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Naomi Buchanan.

Yahoo Finance Video 2 months ago

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Cypress Creek Renewables Selects Maxeon Solar Solutions for Major Utility Scale Projects

RE+ 2024 -- Today at RE+ 2024, the largest clean energy event in North America, Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, confirmed that Cypress Creek Renewables, a leading solar and storage developer and independent power producer, has chosen Maxeon solar panels for installation at key power plant projects in the U.S.

PR Newswire 2 months ago

MAXN
+8.46%
Maxeon Recognizes Outstanding Solar Partners at RE+ Clean Energy Event

RE+ 2024 -- Kicking off RE+ 2024, the largest clean energy event in North America today, Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, honored three leading North American installers and dealers as Outstanding Partners providing exceptional service and innovation to commercial and residential solar customers. These include Solar Technologies, Solaris Renewables and Rising Sun Solar. Maxeon is engaging with new and existing partners and showcasi

PR Newswire 2 months ago

MAXN
+8.46%
Maxeon Solar Technologies Announces Second Quarter 2024 Financial Results

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today announced its financial results for the second quarter ended June 30, 2024.

PR Newswire 2 months ago

MAXN
+8.46%
Solaris Renewables Fuels Growth and Delights Customers Through Partnership with Maxeon Solar Technologies

Solaris Renewables is a Massachusetts, U.S.-based provider of premium solar and storage technologies that has built a thriving business based on exceptional customer satisfaction and an expanding network of word-of-mouth referrals. Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, has welcomed Solaris Renewables as a Maxeon Preferred Partner, offering Maxeon IBC (Interdigitated Back Contact) solar panels for its residential and commercial installat

PR Newswire 4 months ago

MAXN
+8.46%
Maxeon Releases 2023 Sustainability Report, Highlighting its Continued Progress as One of the World's Most Sustainable Companies

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced the publication of its Sustainability Report for 2023, as well as its annual Modern Slavery Statement, both of which highlight the Company's continuing accomplishments in Powering Positive Change.

PR Newswire 4 months ago

MAXN
+8.46%
Defense of Innovation Continues as Maxeon Solar Technologies Initiates Unitary Patent Infringement Lawsuit Against Aiko and its Partners

Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN), a global leader in solar innovation and channels, today announced that it has initiated a patent infringement lawsuit in the Düsseldorf Local Division of the Court of First Instance of Unified Patent Court (the "UPC") against Aiko Energy Germany GmbH, Solarlab Aiko Europe GmbH, Aiko Energy Netherlands B.V., and several of Aiko's European partners, including Memodo, Libra, VDH, PowerDeal, and Coenergia, alleging their infringement of a Maxeon patent

PR Newswire 5 months ago

MAXN
+8.46%
Maxeon to Showcase Latest Solar Energy Innovations and New Panel Technologies at Intersolar Europe 2024

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, today announced its presence at Intersolar Europe 2024 June 19-21, where it will showcase its latest SunPower branded energy solutions and solar panel technologies at Booth A1.350.

PR Newswire 5 months ago

MAXN
+8.46%
Maxeon Innovation in IBC Solar Panels Eliminates Hotspot Risk

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, has extended its technology leadership with published results confirming the resilience of its Maxeon Interdigitated Back Contact (IBC) panels against damaging hotspots. Hotspots are concentrated areas of heat energy that predominantly result from shaded or cracked solar cells. In a white paper released today, the Company shared the results of its internal research and development (R&D) study on hot

PR Newswire 5 months ago

MAXN
+8.46%
Largest Dairy Farm in Northeast U.S. Powers Sustainability with Innovative Solar Energy Installation from Maxeon

Oakridge Dairy in Connecticut is built upon 120 years of old school values and farming traditions, but the largest dairy farm in the Northeast U.S. is anything but old school. Oakridge practices forward-thinking, sustainable farming that promotes the land, its cows, and the community, powering its operations with advanced solar energy solutions from Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN).

PR Newswire 5 months ago

MAXN
+8.46%
Maxeon Solar Technologies Regains Compliance with Nasdaq Listing Rule 5250(c)(1)

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) (the "Company"), a global leader in solar innovation and channels, announced that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) (the "Listing Rule") in connection with the filing of its 2023 Annual Report on Form 20-F (the "Annual Report").

PR Newswire 5 months ago

MAXN
+8.46%
Maxeon Solar Technologies Announces First Quarter 2024 Financial Results

Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) ("Maxeon" or "the Company"), a global leader in solar innovation and channels, today announced its financial results for the first quarter ended March 31, 2024.

PR Newswire 6 months ago

MAXN
+8.46%
Maxeon Solar shares crash 50% on weak results and worse-than-expected outlook

Shares of Maxeon Solar Technologies (NASDAQ:MAXN) plummeted 50% in early New York trading today after the company's second-quarter revenue forecast fell short of Wall Street expectations.

Investing.com 6 months ago

MAXN
+8.46%
Maxeon Solar Technologies Announces Nasdaq Notification of Non-Compliance Regarding Delayed Form 20-F Filing and Rescheduling of Release of Financial Results for Fourth Quarter, Fiscal Year 2023 and First Quarter 2024

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) (the "Company"), a global leader in solar innovation and channels, announced that on May 17, 2024, it received a notice of non-compliance (the "Notice") from the Nasdaq Global Select Market ("Nasdaq") stating that the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) ("Listing Rule") because the Company did not timely file its annual report for the fiscal year ended December 31, 2023 on Form 20-F (the "Annual Report") with the Securi

PR Newswire 6 months ago

MAXN
+8.46%
Maxeon Solar Technologies to Reschedule Fourth Quarter, Fiscal Year 2023 and First Quarter 2024 Financial Results Release

Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) (the "Company"), a global leader in solar innovation and channels, today announced it will postpone the release of its Fourth Quarter, Fiscal Year 2023 and First Quarter 2024 Financial Results, previously scheduled for May 15, 2024 U.S. ET / May 16, Singapore Time, to May 23, 2024. The additional time is necessary to complete the Company's preparation of its annual and quarterly reports and to provide the market with a comprehensive business update.

PR Newswire 6 months ago

MAXN
+8.46%

Performance Overview

Return	MAXN	S&P 500
YTD	-98.77%	+26.81%
1-Year	-98.11%	+31.64%
3-Year	-99.48%	+34.02%

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Maxeon Solar Technologies, Ltd. (MAXN)

Maxeon Announces Restructuring of Business Portfolio

Maxeon Provides Update on CBP Detention of its Solar Panels

Maxeon Announces CEO Leadership Transition

Maxeon Announces Reverse Stock Split

Maxeon Receives Nasdaq Notification and is Proceeding with Approved Reverse Stock Split

What do rate cuts, the election mean for solar energy stocks?

Cypress Creek Renewables Selects Maxeon Solar Solutions for Major Utility Scale Projects

Maxeon Recognizes Outstanding Solar Partners at RE+ Clean Energy Event

Maxeon Solar Technologies Announces Second Quarter 2024 Financial Results

Solaris Renewables Fuels Growth and Delights Customers Through Partnership with Maxeon Solar Technologies

Maxeon Releases 2023 Sustainability Report, Highlighting its Continued Progress as One of the World's Most Sustainable Companies

Defense of Innovation Continues as Maxeon Solar Technologies Initiates Unitary Patent Infringement Lawsuit Against Aiko and its Partners

Maxeon to Showcase Latest Solar Energy Innovations and New Panel Technologies at Intersolar Europe 2024

Maxeon Innovation in IBC Solar Panels Eliminates Hotspot Risk

Largest Dairy Farm in Northeast U.S. Powers Sustainability with Innovative Solar Energy Installation from Maxeon

Maxeon Solar Technologies Regains Compliance with Nasdaq Listing Rule 5250(c)(1)

Maxeon Solar Technologies Announces First Quarter 2024 Financial Results

Maxeon Solar shares crash 50% on weak results and worse-than-expected outlook

Maxeon Solar Technologies Announces Nasdaq Notification of Non-Compliance Regarding Delayed Form 20-F Filing and Rescheduling of Release of Financial Results for Fourth Quarter, Fiscal Year 2023 and First Quarter 2024

Maxeon Solar Technologies to Reschedule Fourth Quarter, Fiscal Year 2023 and First Quarter 2024 Financial Results Release

Performance Overview