SunPower (SPWR) Files Chapter 11

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SunPower (SPWR) files for bankruptcy

August 6, 2024 10:08 AM EDT

Solar power company SunPower (NASDAQ: SPWR) said Tuesday that it filed for Chapter 11 bankruptcy protection on Monday, August 5, 2024.

The company, which has faced mounting financial pressures in recent months, is seeking to restructure its debt and maximize the value of its... More