First Solar Moving Higher on Takeover Chatter

First Solar

spiked higher intraday as chatter circulated saying that Siemens AG

could be a possible suitor for the solar-module company, based in Temple, Arizona. Benzinga reached out to First Solar for comments, but the company was not available for contact. At last check, shares of First Solar spiked about $2.50, or over 3.25% around $63 per share.