What happened to SunEdison stock sunqe?
SunEdison stock traded over-the-counter (OTC) under the ticker SUNQE before finally closing up shop. Solar power is considered to be a viable green technology that has attracted investors and entrepreneurs from around the globe. Despite its promise, the solar industry has experienced several hiccups, delays in technology, and corporate scandals.
Is a turnaround in SunEdison stock underway?
The spinoff of SunEdison Semiconductor (NASDAQ: SEMI) provided a $94 million cash injection, and the legacy firm changed its name to SunEdison Inc. to reflect its shifting focus. A leaner expense structure and better liquidity provided hope to investors that a turnaround was underway in SunEdison stock.
Why is SunEdison’s stock so volatile?
The volatility was largely driven by operational fluctuations attributable to deteriorating fundamentals in the solar industry. SunEdison Inc., which builds and operates renewable power plants that use solar and wind energy, was bought by MEMC Electronic Materials in 2009.
How often are stock price quotations updated?
Stock price quotations are updated continuously. Click reload to refresh this display. Although it is believed that information provided is accurate, no guarantee is made.
Who are MEMC Electronic Materials' key executives?
MEMC Electronic Materials' management team includes the following people: Emmanuel T. Hernandez CPA , Executive Chairman of the Board (Age 61) J...
Who are some of MEMC Electronic Materials' key competitors?
Some companies that are related to MEMC Electronic Materials include Applied Materials (AMAT) , Lam Research (LRCX) , KLA (KLAC) , Entegris (EN...
What is MEMC Electronic Materials' stock symbol?
MEMC Electronic Materials trades on the OTCMKTS under the ticker symbol "SUNEQ."
What is MEMC Electronic Materials' stock price today?
One share of SUNEQ stock can currently be purchased for approximately $0.01.
What is MEMC Electronic Materials' official website?
The official website for MEMC Electronic Materials is sunedison.com .
How can I contact MEMC Electronic Materials?
MEMC Electronic Materials' mailing address is 13736 Riverport Dr Ste 180, MARYLAND HEIGHTS, MO 63043-4818, United States . The semiconductor compa...
Who are the hedge fund managers of Sunedison?
Based on this logic, SunEdison stock became a favorite among growth investors and many well-known hedge fund managers, including David Einhorn, Ken Griffin, George Soros, and Daniel Loeb.
Why is MEMC called Sunedison?
In 2013, MEMC adopted the SunEdison name to reflect a more concentrated focus on solar energy. After the company filed for bankruptcy in April 2016, SunEdison stock was delisted from the New York Stock Exchange, where it had previously traded under the tickers WFR and SUNE.
When did Sunedison file for bankruptcy?
On April 20, 2016, SunEdison filed for Chapter 11 bankruptcy protection. SunEdison stock was delisted from the NYSE and started trading on the pink sheets under the symbol SUNEQ. Yieldcos TerraForm Power and TerraForm Global were not included in the bankruptcy filing. At the time, SunEdison was also undergoing an investigation by the Securities and Exchange Commission (SEC) over what it had disclosed to investors.
Is solar energy green?
Key Takeaways. Solar power is considered to be a viable green technology that has attracted investors and entrepreneurs from around the globe. Despite its promise, the solar industry has experienced several hiccups, delays in technology, and corporate scandals.
Is Sunedison stock a boom and bust?
Investopedia contributors come from a range of backgrounds, and over 20+ years there have been thousands of expert writers and editors who have contributed. SunEdison stock is a classic Wall Street boom-and-bust story, with shares rocketing over 2,000% before eventually losing almost all of their value.
