FSLR surges 10.8% in a sixth consecutive session as investors anticipate a Section 232 tariff decision.
First Solar shares climbed 10.8% to settle at an 18-year high of $310.42, extending a six-day rally. Analysts cite falling yields and renewed policy momentum as key drivers, with a potential Section 232 tariff announcement fueling investor optimism.
The stock’s gain follows a broader rally in clean energy equities, though FSLR’s move stands out amid sector rotation. Prior to Thursday’s close, the last comparable high was recorded in 2006, with the stock trading below $300 for most of the past decade.
No immediate market reaction data was provided, but the surge reflects heightened expectations for trade policy shifts favoring domestic solar manufacturers.