Thursday, October 08, 2015
Current Weather
Loading Current Weather....
Published: Thursday, 2/15/2007

First Solar gains $9.44 in heavy trading

A day after posting its first profit in its 20-year history, Toledo-born First Solar Inc. turned red hot in the stock market yesterday.

The company s shares gained $9.44 each to close at $43.72, with nearly 5.9 million trading on Nasdaq, more than seven times normal levels.

The solar panel maker, which is based in Phoenix but has its sole factory in Perrysburg Township, started trading in October at about $20 a share. The firm reported a $4 million profit Tuesday after the stock market closed. The company also was touted yesterday by national Wall Street analyst Jim Cramer.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Points of Interest