Why First Solar’s Q3 Is So Bright
First Solar reported incredible third quarter results after the markets closed Tuesday, investors cheered on these results.
First Solar reported incredible third quarter results after the markets closed Tuesday, investors cheered on these results.
Short interest in solar and alt energy stocks was mixed in the two-week reporting period ended October 15. Short sellers made sharp changes in several of the stocks.
Monday's top analyst upgrades and downgrades included Advanced Micro Devices, Amgen, Asana, Baidu, First Solar, Mattel, Mirati Therapeutics, Palantir Technologies, Pinterest, SAP and Zscaler.
Friday's top analyst upgrades and downgrades included AGCO, Caterpillar, Chewy, Clorox, Costco Wholesale, First Solar, Netflix, Snap, Starbucks and Wynn Resorts.
Short interest in two solar energy stocks rose sharply during the two-week reporting period ended September 30. Short sellers were mixed on alt energy stocks.
Thursday's top analyst upgrades and downgrades included Arcutis Biotherapeutics, DraftKings, First Solar, InflaRx, Livent, Medtronic, NextEra Energy Partners, Roku, Snowflake and Tesla.
Short sellers were moving back into solar and alternative energy stocks in the most recently reported period.
A scion of the Walton family is selling 8.6 million shares of First Solar stock and giving away an equal amount.
In the two-week reporting period that ended August 31, short sellers piled into two solar stocks while mostly ignoring alt energy.
Short interest changes in solar stocks were modest during the two-week reporting period ended August 14. Alt energy stocks saw bigger moves, with shorts added 450% to their positions in one stock.
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Short interest in solar energy stocks declined in the two-week period ended July 31. Short sellers were more interested in alt energy plays, with one stock seeing short interest jump by 150%.
First Solar is a leader in its field, but new investors now have a dilemma about just how more upside they can realistically expect from blindly chasing the stock.
Friday's top analyst upgrades and downgrades included Alteryx, Booking, CarGurus, Datadog, FedEx, First Solar, Uber Technologies, Vonage, Yeti and Zillow.
Earnings season may have peaked, but there are still many companies reporting earnings that are making big moves up or down in their stocks. The S&P 500 has now risen for 5…