First Solar Tries to Hold Gains (FSLR)

Posted in pre-market 
December 17th, 2009

First Solar Inc. (NASDAQ: FSLR) is holding its gains somewhat from last night on higher guidance, but with a little less oomph.  The problem is that earnings estimates are in-line and still under 2009 estimates, meaning margins are still expected to suffer more.  Still shares are higher this morning.  Shares are up 1.8% at $139.18 on 30,000 shares as of 8:37 AM EST, although this was trading at $142 to $144 in the after-hours session last night.

JON OGG

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