Tag: $First Solar

First Solar (FSLR) was falling 17% in premarket trading Wednesday after issuing downside revenue guidance for the 2026 fiscal year.

Shares of U.S. solar energy companies tumbled in extended trade on Monday after Republicans who control the U.S. Senate Finance Committee unveiled changes to President Donald Trump’s sweeping tax-cut and spending bill that would phase out solar, wind and energy tax credits by 2028.

First Solar shares plunged on Wednesday, after CEO Mark Widmar said the scale and depth of President Donald Trump’s tariffs were unexpected and pose a “significant economic headwind” to the company’s manufacturing facilities.

First Solar stock fell sharply early Wednesday, a drop that analysts attribute to various factors apparent in its latest earnings report released Tuesday.

It has been a gloomy earnings season for solar stocks, but First Solar provided a bright spot and even signaled light at the end of the tunnel.

First Solar, the nation’s largest solar panel manufacturer, announced Thursday that it will build its fifth U.S. factory as the Inflation Reduction Act spurs a domestic manufacturing boom.