First Solar Inc. Stock Slips 6.3%, Underperforms Market

Dow Jones
03-04

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of First Solar Inc. shed 6.3% to $127.63 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.8% to 5,849.72 and Dow Jones Industrial Average falling 1.5% to 43,191.24.

This was the stock's third consecutive day of losses.

First Solar Inc. closed 58.4% short of 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, as SolarEdge Technologies Inc. fell 14.3% to $14.13, Hubbell Inc. fell 4.5% to $354.95, and SunRun Inc. fell 14.90% to $6.17.

Trading volume totaled 4.7 million, compared to the 50-day average of 2.4 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 03, 2025 16:35 ET (21:35 GMT)

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