First Solar shares are trading lower after the company reported worse-than-expected Q3 financial results and cut its FY24 guidance.
Portfolio Pulse from Benzinga Newsdesk
First Solar's shares declined following disappointing Q3 results and a reduction in FY24 guidance.
October 29, 2024 | 8:25 pm
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First Solar's stock is under pressure due to worse-than-expected Q3 financial results and a downward revision of its FY24 guidance.
The company's Q3 results were below expectations, which typically leads to a negative market reaction. Additionally, the cut in FY24 guidance suggests potential challenges ahead, further contributing to the stock's decline.
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IMPORTANCE 90
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