SunPower ($SPWR) shares surged by 151% amid a rally in meme stocks, marking its biggest gain on record. The solar power company saw a significant increase in trading on Tuesday, with a rise of over 66% at one point. Short interest played a role in the stock's upward movement.
SunPower, MicroCloud Hologram and other highly shorted names are riding the meme-stock wave https://t.co/H445U8FWtw
$SPWR SUNPOWER SHARES CLOSE HIGHER BY 60% IN RECORD ONE-DAY GAIN
While we’ve already heard about the surges at AMC $AMC and GameStop $GME, those aren’t the only two to watch. SunPower $SPWR also blasted upward, gaining over 66% at one point in Tuesday afternoon’s trading, on not much in the way of news but a rising short interest.…
SunPower shares have been caught up in the meme-stock frenzy, sending the solar power company toward its biggest gain on record https://t.co/qUH8QhKL8L
$SPWR Climbs 151%; Shares gain amid rally in meme stocks