Earlier, analysts at GLJ Research trimmed their price target for Canadian Solar, citing solar oversupply risks and the company’s inability to sell projects profitably.
Goldman’s downgrade of Super Micro stock, citing competitive pressure, generated selling pressure on Monday.
Meta stock was the last Magnificent Seven company to dip into the red for the year during the current market downturn, but it has since turned positive.
The communications-focused real estate investment trust (REIT) named Chief Financial Officer Dan Schlanger as interim chief executive, effective immediately.
Miniso’s shares have slumped 24% year-to-date due to market concerns and China’s performance, The Fly reported.
The Wall Street Journal reported, citing people familiar with the matter, that President Trump’s Justice Department is inclined to modify at least some parts of the agreement.
The company recently avoided a potential delisting due to non-compliance with the listing standards related to the minimum bid price requirement.
The company reported an adjusted Q4 loss of $0.78 per share, beating expectations for a $0.81 loss.
Oklo signed several power agreements during the quarter, including a 12-gigawatt deal with data center provider Switch. According to the company, this brings total confirmed customer interest to 14 gigawatts.
The industrial equipment maker posted adjusted earnings of $0.39 per share for the fiscal second quarter, while analysts expected it to post $0.40 per share.
