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Why is First Solar Inc (FSLR) Stock down?
We've noticed a 5.97% decline in First Solar Inc (FSLR) stock during the 2024-11-12 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
27 Oct, 2023:
First Solar, Inc. Stock (FSLR) dropped by 5.22% from $151.15 to $143.26 in the trading on Friday October 27, 2023. The reason why FSLR stock down today is due to its third-quarter financial results.
- Adjusted loss of 46 cents a share on revenue of $629 million. Analysts expected First Solar to report a loss of 23 cents a share on revenue of $742 million.
- Year-end revenue is expected to be in the range of $2.6 billion to $2.7 billion. The midpoint of $2.65 billion is above expectations of $2.6 billion.
2.64%
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