financetom
Business
financetom
/
Business
/
Why Maxeon Solar Technologies (MAXN) Stock Is Exploding Higher
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Why Maxeon Solar Technologies (MAXN) Stock Is Exploding Higher
Nov 3, 2024 12:57 PM

Maxeon Solar Technologies Ltd ( MAXN ) shares are trading higher by 15.8% to $6.61 during Monday’s session. The company announced changes to its CFO position.

What To Know: Maxeon Solar Technologies ( MAXN ) has appointed Dimitri Hu as its new CFO, with Ken Olson, the current interim CFO, transitioning to Deputy CFO.

The company says Hu brings extensive leadership experience, previously serving in key financial and executive roles at TCL Industries, where he led various strategic initiatives, including restructuring TCL Smart Home Appliances as Chairman.

Read Also: Reddit Investors Brace For Q3 Earnings: Higher Revenue Expected, But Net Loss May Widen

How To Buy MAXN Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in Maxeon Solar Technologies’ case, it is in the Information Technology sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, MAXN has a 52-week high of $779.99 and a 52-week low of $4.98.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CalPERS becomes latest Tesla shareholder to vote against Musk's pay package
CalPERS becomes latest Tesla shareholder to vote against Musk's pay package
Jun 12, 2024
(Reuters) - The California Public Employees' Retirement System (CalPERS) is set to vote against Tesla CEO Elon Musk's $56 billion compensation package, the largest U.S. pension fund's CEO said on Wednesday. (Reporting by Akash Sriram in Bengaluru and Juby Babu in Mexico City; Editing by Devika Syamnath) ...
Autodesk's Q1 Helps Shift Focus From Accounting Probe to 'Stable' Fundamentals, RBC Says
Autodesk's Q1 Helps Shift Focus From Accounting Probe to 'Stable' Fundamentals, RBC Says
Jun 12, 2024
03:38 PM EDT, 06/12/2024 (MT Newswires) -- Autodesk's ( ADSK ) fiscal Q1 results should help move the narrative past the accounting investigation and refocus investors on stable fundamentals, RBC Capital Markets said Wednesday in a report. The quarter was largely in line with preliminary results on May 31, outside of billings/deferred revenue which was impacted by the transaction pricing...
FAA to maintain increased in-person oversight of Boeing for 'foreseeable future'
FAA to maintain increased in-person oversight of Boeing for 'foreseeable future'
Jun 12, 2024
WASHINGTON, June 12 (Reuters) - The head of the Federal Aviation Administration will tell the U.S. Senate Commerce Committee on Thursday that the agency will maintain its increased on-site presence at Boeing ( BA ) and its supplier Spirit AeroSystems ( SPR ) for the foreseeable future. FAA Administrator Mike Whitaker will tell senators the agency's decision to boost inspections...
Moderna's RSV Vaccine Has 'Ample Opportunity' Despite Seasoned Competitors, Oppenheimer Says
Moderna's RSV Vaccine Has 'Ample Opportunity' Despite Seasoned Competitors, Oppenheimer Says
Jun 12, 2024
03:37 PM EDT, 06/12/2024 (MT Newswires) -- Moderna's ( MRNA ) newly approved respiratory syncytial virus vaccine may achieve stronger than expected US penetration despite entering a market with two seasoned competitors, Oppenheimer said in a Wednesday note. Analysts Hartaj Singh, Eka Gigaur, and Fanyi Zhong said indicated the RSV market is large enough for three competitors. We increase US...
Copyright 2023-2026 - www.financetom.com All Rights Reserved