Why SunPower's Shares Jumped 22% Today Before Falling

Shares of residential solar installer SunPower (SPWR -0.70%) jumped a whopping 22.1% in trading early on Thursday after the company reported $175 million in financing and fourth-quarter 2023 financial results. At 1:30 p.m. ET shares were down slightly on the day, so the early gains have already evaporated.The quarter for SunPowerQuarterly results were secondary today, but I'll start there. Revenue was $356.9 million in the quarter and net loss was $115.6 million, or $0.66 per share. SunPower ended the quart ...