Gallery: First Solar Stock Surges on Higher-than-Expected Earnings and ...

 

Arizona-based solar company First Solar saw its biggest ever one-day jump — a whopping 45-percent increase — on Wallstreet Tuesday after announcing that its revenues and earnings will far exceed expectations, partly due to its acquisition of new solar technology. First Solar recently announced plans to acquire TetraSun, a California-based startup that produces high-efficiency crystalline silicon technology, which will enable First Solar to start making much more efficient solar panels.

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