First Solar, Inc. (NASDAQ: FSLR) saw some unusual support today, while the broad market was weak, based upon comments from Solarhybrid in Germany. The developer has said that it wants First Solar to be its supplier for two solar farms it is seeking in California. The size of these farms are expected to each be “large” enough to move the needle. While the NASDAQ closed down almost 2%, First Solar closed up 3.5% at $45.61 on over 5.4 million shares.
First Solar Finds Some Love (FSLR)
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Jon C. Ogg
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About the Author
Jon C. Ogg →
Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.
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