02:21 PM EDT, 07/19/2024 (MT Newswires) -- SunPower (SPWR) was downgraded by Mizuho to underperform from neutral, and the price target was slashed to $0.50 from $4.

The solar energy company said it would stop signing new deals and halt installation services for shipments in transit or already delivered, Reuters reported Thursday, citing an email from the company to clients.

SunPower stock plunged 56% as intraday volume topped 89.5 million shares versus the daily average of 12 million.

CrowdStrike ( CRWD ) Chief Executive Officer George Kurtz apologized for the global IT disruption caused by an update it sent for Microsoft (MSFT) Windows operating systems.

Shares of CrowdStrike ( CRWD ) dropped 11% as volume topped 33.4 million versus the daily average of 4.69 million.

Silo Pharma ( SILO ) agreed to sell 763,638 common shares at $2.75 apiece in a registered direct offering.

Shares slumped 26% as volume topped 11.2 million versus the daily average of 5.02 million.

Price: 0.66, Change: -0.85, Percent Change: -56.03