Why SunPower Stock Fell in July and Continued Falling in August

Why SunPower Stock Fell in July and Continued Falling in August

SunPower (NASDAQ: SPWR) stock fell 15.2% in July, according to data provided by S&P Global Market Intelligence. SunPower stock fell 9% on Wednesday, after the company announced lackluster second-quarter results. SunPower stock's fall in July is likely attributed to an underperform rating by Credit Suisse.