DJ First Solar Inc. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of First Solar Inc. $(FSLR)$ rallied 2.82% to $131.23 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.22% to 5,778.15 and Dow Jones Industrial Average falling 1.55% to 42,520.99.
The stock's rise snapped a three-day losing streak.
First Solar Inc. closed 57.22% below its 52-week high of $306.77, which the company achieved on June 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as SolarEdge Technologies Inc. $(SEDG)$ rose 5.02% to $14.84, Hubbell Inc. $(HUBB)$ fell 0.89% to $351.79, and SunRun Inc. $(RUN)$ rose 8.75% to $6.71.
Trading volume (4.3 M) eclipsed its 50-day average volume of 2.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 4, 2025.
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March 04, 2025 17:14 ET (22:14 GMT)
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