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The second quarter was weaker than expected for SunPower.
Higher interest rates are starting to affect solar installers like SunPower (SPWR 5.85%). In this video, Travis Hoium explains why the second quarter was so bad and where there may be bright spots in the future.
*Stock prices used were end-of-day prices of Aug. 1, 2023. The video was published on Aug. 2, 2023.
Travis Hoium has positions in SunPower. The Motley Fool has positions in and recommends Enphase Energy. The Motley Fool recommends SolarEdge Technologies. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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