First Solar is trading 11.1% up at $234.47 after investors reacted positively to its July 30 earnings report.
- The results highlighted record module volumes and efficiency-driven margin expansion, with management clarifying that recent revenue softness was due to lower contract termination fees rather than demand issues.
- The stock's rally is further supported by a broader market upswing, as major U.S. indices rose approximately 1%, amplifying the post-earnings momentum.