First Solar Stock News: Wise To Exit Position

First Solar’s stock price increased 20% in March of 2014 after the company offered analysts promising full-year financial guidance. After that point, the stock hovered around $60 to $70 until September, when it fell back to roughly the same price it was before the announcement. Many analysts believed this was a good time to buy the stock, priced close to $50 on November 28th, believing that it would climb to as high as $87. At that time, I Know First published an article on Seeking Alpha recommending that investors either exit their positions in the stock or not initiate one in the first place. first solar stock news