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Maxeon disclosed on May 13, 2024, that it would delay its SEC filing and the release of its financial results for the Fourth Quarter of Fiscal Year 2023 and First Quarter of 2024, which had been originally slated for public dissemination on May 15, 2024. Following this news, Maxeon's stock dropped over 28% on May 15, 2024.
In order to be eligible to join the MAXN class action lawsuit, you must have incurred a loss on shares of Maxeon Solar Technologies, Ltd. purchased during the class period listed above.
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