Why SunPower Corporation Stock Just Popped 9%

Why SunPower Corporation Stock Just Popped 9%

SunPower (NASDAQ: SPWR) stock is glowing green today, apparently buoyed by a positive report on the progress of solar power, in general, which was just released by the U.S. Energy Information Administration (EIA). In afternoon trading, SunPower shares are up 9.4% as of 1:50 p.m. EDT. What did EIA have to say that has SunPower investors so pleased?