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PV stocks hammered
Shown here versus the performance of the Nasdaq composite index as a baseline, the valuations of five major PV companies have slumped by at least 50% over the past 12 months, with much of the decline witnessed in Q3 of 2011. SunPower (SPWRA, purple trace) traded flat in early summer after the French oil giant Total made an offer for equity in the company. Since that stake was acquired, the value of SunPower has plummeted. Source: Yahoo! Finance.
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