First Solar Inc Stock Price Experiences Volatility

First Solar Inc’s stock price has fluctuated in recent days. The company’s shares initially rose by 9.7% after UBS named it a top pick following new IRS guidance that preserved key 2030 tax credits for the solar industry.

• The guidance eased uncertainty in the sector and boosted the stock to a 10-month high.
• The stock price rose to $[insert price] per share.

However, the stock price has since declined. The latest price shows a 2.54% drop.

• The current stock price is $[insert price] per share.
• The decline in stock price may be attributed to various market and regulatory factors.

The company’s prospects remain uncertain due to U.S. President Donald Trump’s statement that his administration will not approve any solar or wind power projects.

• The statement may impact the company’s future business prospects and revenue growth.
• The company has not issued a formal response to the statement at this time.