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Sept. 24, 2020, 8:32 a.m. EDT

SPI Energy's stock adds to previous day's rocket ride, as Sunworks' stock also soars

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By Tomi Kilgore

Shares of SPI Energy Co. Ltd. /zigman2/quotes/207301620/composite SPI -7.32% soared 54% in premarket trading, but that paled in comparison to the 1,236.5% rocket ride on massive volume in the previous session. The stock had run up as much as 4,154% intraday on Wednesday, before paring gains, after the company, which offers photovoltaic solutions for business, residential, government and utility customers, said it was starting an electric-vehicle subsidiary, as MarketWatch's Mark DeCambre reported. The stock's trading volume about an hour ahead of Thursday's open was 2.5 million shares; on Wednesday, volume was 348.3 million shares. Meanwhile, shares of Sunworks Inc. /zigman2/quotes/208800639/composite SUNW -6.31% , which also makes photovoltaic-based power systems, shot up 353% on volume of 17.5 million shares in Thursday's premarket, after climbing 50.4% on volume of 110.5 million shares on Wednesday. The stocks' rallies premarket comes while futures /zigman2/quotes/209948968/delayed ES00 -0.73% for the S&P 500 /zigman2/quotes/210599714/realtime SPX -1.21% are slipping 0.3%.

/zigman2/quotes/207301620/composite
US : U.S.: Nasdaq
$ 7.85
-0.62 -7.32%
Volume: 894,610
Oct. 30, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$150.78 million
Rev. per Employee
N/A
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/zigman2/quotes/208800639/composite
US : U.S.: Nasdaq
$ 2.82
-0.19 -6.31%
Volume: 1.96M
Oct. 30, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$50.05 million
Rev. per Employee
$339,545
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/zigman2/quotes/209948968/delayed
US : U.S.: CME
$ 3,278.25
-24.05 -0.73%
Volume: 2.42M
Oct. 30, 2020 3:59p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,269.96
-40.15 -1.21%
Volume: 3.01B
Oct. 30, 2020 5:18p
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