SunPower Upgrades Helps the Solar Stocks (ESLR, SPWRA, LDK)

Solar Company Stocks

SunPower Corporation (NASDAQ:SPWRA) shares are up 10% today thanks to upgrades from Soleil Securities Raymond James, that's also putting some fire in shares of Evergreen Solar, Inc. (NASDAQ:ESLR) and LDK Solar Co., Ltd. (NYSE:LDK).

Evergreen Solar Shares Struggle at 67 Cents

Evergreen Solar Inc.

Evergreen Solar (NASDAQ:ESLR) shares hit a new 52-week low last Friday at 62 cents per share, today the stock is trying to get back above the 70 cent level as it racks up a YTD loss of -55%.

Evergreen Found a Way to Get Back Over $1 per Share

Evergreen Solar Inc.

The solution is simple -- reverse stock split.  Evergreen Solar (NASDAQ:ESLR) shareholders will get a one-for-six reverse stock split as the outstanding shares shrink from 450 million to 120 million.

Evergreen Solar Shares Now Under $1.50

Evergreen Solar Inc.

Evergreen Solar (NASDAQ:ESLR) shares continue to slide and are now trading at $1.42.  Since mid-September Evergreen shares have fallen 30% and continue to creep toward its 52-week low of $1.

Evergreen Solar Shares Can't Get Above $2 Again

Evergreen Solar Inc.

As pointed out yesterday, Evergreen Solar (NASDAQ:ESLR) shares are having a hard time getting back to $2 a share and the downward trend continues today.  Evergreen shares are down another 5% and hit $1.69 this morning before making it back above $1.70.

Evergreen Solar Back to $2 a Share

Evergreen Solar Inc.

Evergreen Solar (NASDAQ:ESLR) shares fell hard Friday down 13% and taking shares back to the low $2 range.  The company missed the Street on their Q2 Earnings call and a downgrade from Caris & Company didn't help the cause.

Citi cuts Evergreen Solar Target Price 50%

Evergreen Solar Inc.

Evergreen Solar (NASDAQ:ESLR) shares rebounded last week but today Citigroup cut their target price and down ESLR shares went 9% and falling this afternoon.

Evergreen Solar One Buck a Share

Evergreen Solar Inc.

It was a bad day for every public company, but Evergreen Solar (NASDAQ:ESLR) got down to $1.03 a share and finished the day at $1.05.

Solar Stocks Fall on First Solar's (FSLR) 2009 Outlook

Solar Company Stocks

First Solar, Inc. (NASDAQ:FSLR) doubled 2008 profits but their 2009 outlook is bringing down shares 18% this morning. The company said "The short-term outlook for the solar industry has never looked more difficult."

Evergreen Solar's Lack of Guidance Tanks Stock

Evergreen Solar Inc.

Evergreen Solar, Inc. (NASDAQ:ESLR) shares are struggling to stay above $1.80 a share after a lack of foward guidance on yesterday's earnings call is pushing down shares 18%.

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