SunEdison Stock
It seems like SunEdison Inc (NASDAQ:SUNE) simply cannot catch a break. SUNE stock plummeted a jaw-dropping 55% on Tuesday, March 29, as new evidence emerged that there is “substantial risk” of a SunEdison bankruptcy. (Source: “SunEdison at risk of bankruptcy, unit says; shares plummet 60 percent,” Reuters, March…
SunEdison on Verge of Bankruptcy? SunEdison Inc (NYSE:SUNE) stock is on the verge of bankruptcy. At least, that’s what some analysts are worried about after the U.S. Securities and Exchange Commission (SEC) launched a probe into the company on Tuesday. SUNE stock downwardly breached the $1.00 barrier on…
Analysts that follow SunEdison Inc (NYSE:SUNE) may finally be giving up on the company. There’s not much to be bullish about SUNE stock these days, as the company’s cash reserves start to dwindle and a major contract with Hawaiian Electric Industries, Inc. (NYSE:HE) was cancelled last week. Analysts…
SUNE stock was further bleeding on Thursday after SunEdison Inc (NYSE:SUNE) made a super-move that may deal more damage than regular special moves. The beleaguered renewable energy developer, whose market value has slumped more than 90% since last summer, unveiled on Thursday what it described as an “asset-light”…