First Solar is trading at $178.70 (-4.23%) as hotter-than-expected September inflation lifted Treasury yields and rate-hike concerns, weighing on equities.

  • Headline CPI rose 3.7% year over year versus 3.6% expected; core CPI was 2.6% versus 2.5% expected.
  • The Nasdaq was down 1.90% and the S&P 500 was down 1.24% in the supplied market context.
  • No clear same-day company-specific catalyst was found; Truist’s prior upgrade was bullish, not an explanation for the decline.