$Maxeon Solar Technologies (MAXN.US)$ With TCL, MAXN’s majority shareholder holding 69.3%, experiencing a significant surge in its stock price (as seen in the chart), it's highly likely this could act as a strong catalyst for a rapid rebound in MAXN. The strategic positioning and market momentum further reinforce the confidence in MAXN's potential for swift recovery.
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herru
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I don't think it will happen in the short term.It has been maintaining this situation for several months. Every time there is good news, it gets overshadowed by other things, can't see any hope.
$Maxeon Solar Technologies (MAXN.US)$Guys , how worse can it be ? It’s time to buy not to sell . . . think carefully about the company infrastructure and the long term potential , the support from TCL . . . how worse can it go ?? It can only go up from here !
$Maxeon Solar Technologies (MAXN.US)$ So, this stock will be impacted fairly negatively soon. Significant reductions in almost everything. A 41% decrease in rev yoy, operating expense increase yoy (so cost of revenue is up despite less rev), -492% yoy decrease in Net Profit, 124% yoy reduction in ROA, -65% yoy net cash balance, -391% pre tax profit yoy.... They not only are losing customers but selling less overall, while cost is wayyyyy up and have trouble collecting payments from existing cust...
herru : I don't think it will happen in the short term.It has been maintaining this situation for several months. Every time there is good news, it gets overshadowed by other things, can't see any hope.