First Solar Surges to 48th in Trading Volume Despite Stock Decline

Generated by AI AgentAinvest Volume Radar
Thursday, May 22, 2025 7:44 pm ET1min read

On May 22, 2025,

Inc. (FSLR) saw a significant surge in trading volume, with a total of 12.33 billion shares exchanged, marking a 54.92% increase from the previous day. This surge placed First Solar at the 48th position in terms of trading volume for the day. However, the stock price of First Solar experienced a decline, dropping by 4.30% over the past two days, resulting in a total decrease of 6.50%.

First Solar's robust financial health is underscored by its impressive 43.6% gross profit margin and 19.4% revenue growth over the past twelve months. This strong financial performance has positioned the company as a key beneficiary of new renewable energy incentives, despite the challenges posed by anti-China policies.

Analysts at Mizuho Securities have highlighted First Solar as a primary beneficiary of new renewable incentives. This positive outlook is further supported by Guggenheim, which sees significant upside potential for First Solar's stock amid the current subsidies and policy benefits.

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