SunPower slides after pausing certain operations
** Shares of solar company SunPower SPWR.O tumble 20.6% to $2.0073
** Co informs its clients it will pause some operations, including deactivating lease and power purchase agreements from its own sales platform and halting new product shipments
** SPWR to stop countersigning new agreements and will be unable to support installation services for shipments in transit or already delivered, according to an online communication seen by Reuters
** "We continue to dedicate our attention to address our financial position and are actively working to navigate our current challenges," SPWR told Reuters in a statement
** However, shares of peers Sunrun RUN.O and Sunnova Energy NOVA.N are up 3.1% and 3.5%, respectively
** Including sessions' losses, stock is down 58.5% YTD
Reporting by Vallari Srivastava in Bengaluru
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