Volume Spike: Canadian Solar (CSIQ)
Canadian Solar Inc. (NASDAQ:CSIQ) is trading lower on earnings. Shares are down 7% at $3.50 pre-market on more than 43,000 shares (8:33 AM EST). The good news is that this is off of lows and shares were already down about 90% from its 52-week high of $51.80. The company missed earnings and guided down its [...]
Price/Volume/News Tanker: Canadian Solar (CSIQ)
Canadian Solar Inc. (NASDAQ: CSIQ) is seeing a battering this morning after its earnings are disappointing to the solar bulls. The company posted $0.36 EPS (after $10+M charges) on a 24% revenue gain to $212.6M versus estimates from First Call of $0.47 and $206.8M (see below for better comparison). The company sees Q3 revenues of [...]
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