First Solar Inc. Stock Slides 5.9%, Underperforms Peers

Dow Jones
08/13

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

Shares of First Solar Inc. slid 5.9% to $226.77 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,748.50 and the Dow Jones Industrial Average remaining mostly unchanged at 53,770.27.

First Solar Inc. closed 29.3% below its 52-week high of $320.95, which the company achieved on June 3rd.

The stock underperformed when compared to some of its peers, as SolarEdge Technologies Inc. fell 3.9% to $32.02, Hubbell Inc. fell 1.3% to $512.90, and Sunrun Inc. fell 1.89% to $9.84.

Trading volume totaled 3.0 million, compared to the 50-day average of 2.3 million.

Data source: Dow Jones Market Data, FactSet

 

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