SunPower (SPWR) is now down 14.1% AH following its Q2 report. It looks as if the Street is...


SunPower (SPWR) is now down 14.1% AH following its Q2 report. It looks as if the Street is skeptical about full-year guidance, and is focusing on the Q2 top-line miss and soft Q3 forecast. SunPower's gross margin rose 240 bps Q/Q to 15.1% thanks to a 10% drop in cost per watt, and played a big role in the EPS beat. However, it's expected to fall to the 10%-12% range in Q3. Other solar names could end up declining tomorrow in sympathy. (PR)

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