The Traderszone Network

Published in TZ Latest News 31 October, 2017 by The TZ Newswire Staff

Why First Solar, Inc.’s Shares Plunged 10% Today

Shares of First Solar, Inc. (NASDAQ: FSLR) dropped as much as 10% in trading Tuesday after the International Trade Commission gave its recommendations for solar tariffs on imports, which came in lower than expected. First Solar was expected to be the biggest beneficiary of tariffs because its thin-film panels won’t be subject to the tariffs. At 2:10 p.m. EDT, shares were still down 9.1% on the day. 

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