First Solar stock falls 1.57% but outperforms some rivals
Updated
Updated · MarketWatch · May 7
First Solar stock falls 1.57% but outperforms some rivals
9 articles · Updated · MarketWatch · May 7
Shares closed at $214.57 on Thursday as the S&P 500 fell 0.38% and the Dow dropped 0.63% in a broadly weak market session.
It was First Solar's second straight daily decline, while SolarEdge fell 4.92%, Hubbell lost 1.85% and Sunrun gained 7.56%.
The stock remains 24.97% below its 52-week high of $285.99 reached on 22 December, and trading volume of 3.0 million topped its 50-day average of 2.3 million.
Will First Solar's big bet on US manufacturing fend off advancing, lower-cost global competition?
Is First Solar's unique thin-film technology a sustainable edge or a future liability against new silicon rivals?
As AI supercharges electricity demand, can the solar industry overcome grid bottlenecks to power the future?