First Solar Inc. Stock Slips 3.5%, Underperforms Competitors

Dow Jones
2025/05/16

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

Shares of First Solar Inc. shed 3.5% to $186.18 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.4% to 5,916.93 and the Dow Jones Industrial Average rising 0.6% to 42,322.75.

The stock's fall snapped a six-day winning streak.

First Solar Inc. closed 39.3% below its 52-week high of $306.77, which the company achieved on June 12th.

The stock underperformed when compared to some of its competitors, as SolarEdge Technologies Inc. rose 16.2% to $20.84, Hubbell Inc. rose 0.2% to $386.64, and SunRun Inc. rose 1.18% to $12.85.

Trading volume totaled 6.0 million, compared to the 50-day average of 4.3 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 15, 2025 16:35 ET (20:35 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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