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Why SunPower Stock Jumped 12.9% Today

Why SunPower Stock Jumped 12.9% Today

The broad news in the market is that energy stocks are up sharply today. Oil is up 2.4% as I'm writing, in part because Merck is seeking authorization for a COVID-19 treatment, which could help fuel an economic recovery. In general, higher energy usage and fossil fuel prices should help solar energy stocks, and that's helping the industry today.