SunPower Shares Slide After Raising Going-Concern Doubts

(Reuters) – SunPower (SPWR.O) on Monday raised doubts about its ability to stay in business, saying that its breach of a key term in a credit agreement could prompt lenders to recall certain loans, sending its shares tumbling 23%. The company said in a regulatory filing that lenders may demand immediate payment of $65.3 million in … Read more

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