First Solar Inc. Stock Slips 5.5%, Underperforms Market
Dow Jones2026/11/10 21:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of First Solar Inc. shed 5.5% to $180.98 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.4% to 7,520.93 and Dow Jones Industrial Average falling 0.3% to 52,231.89.
This was the stock's second consecutive day of losses.
First Solar Inc. closed 43.6% short of its 52-week high of $320.95, which the company reached on June 3rd.
The stock demonstrated a mixed performance when compared to some of its peers, as SolarEdge Technologies Inc. fell 6.5% to $25.86, Hubbell Inc. fell 0.9% to $437.79, and Sunrun Inc. fell 10.57% to $8.71.
Trading volume totaled 3.8 million, compared to the 50-day average of 2.6 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
November 10, 2026 16:33 ET (21:33 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Investors reportedly offering Anthropic allocation shares at premiums of up to 5% ahead of its IPO
According to reports, the trading firm JonesTrading is marketing up to $500 million worth of stock shares on behalf of some investors, at a 3% to 5% premium over the IPO issue price. This indicates that investors are already transferring their anticipated IPO allotted shares before the IPO is officially issued.
Nvidia continues to plummet, losing $430 billion in market value over two days, with Microsoft temporarily reclaiming the world's second place.
On Tuesday, Nvidia closed down 5.5%, a decline significantly greater than other major tech stocks, making it a key factor dragging down the tech sector's performance. During intraday trading on Tuesday, Microsoft's market capitalization briefly surpassed Nvidia, making it the world's second largest publicly traded company by market value. However, after Anthropic released its office suite, Microsoft's losses widened, causing it to fall behind Nvidia once again.
Updated: CoreWeave Raises Revenue Forecasts, AI Demand Unfazed by Growing Doubts
TransUnion EVP Venkat Achanta reports sale of $2.36 million in common shares
Crypto prices
More
