Tag: CSIQ

Major Movers on May 13; SCTY, CSIQ, PERI, THRX, PCYC, CITZ, YUM

Shares of SolarCity Corp. (NASDAQ: SCTY) soared about 30% by afternoon trade.  Shares of The San Mateo, California-based Company, which made its IPO back in December, have jumped almost four times so far. The Company is slated to report its quarterly results after the closing bell but investors are already excited about its future projects. Lately, the Company announced completion of two projects in Sacramento. The Company also said that installations of solar panels on about 6,500 homes in Marine and Navy bases in Hawaii are under way.

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Major Movers on March 11; CSIQ, BBRY, DKS, ZNGA, GNW

Shares of Canadian Solar Inc. (NASDAQ: CSIQ) slumped about 11% after the company reported that its losses in the fiscal fourth quarter widened as it shipped fewer number of solar modules. Since last one year, Canadian Solar’s top line has felt the pinch in the backdrop of lackluster demand for its solar panel and equipment. Due to excess supply of low priced solar panels from China, prices of wafer and modules have fallen sharply.

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