Solars Recovering After a Rough Day of Trading Wednesday

Following a dismal earnings report from First Solar FSLR Tuesday, solar stocks ranging from Trina Solar TSL to SunPower SPWR took a beating. As traders calm down over the awful guidance and top line earnings miss from First Solar, the sector looks to be recovering. SunPower opened with momentum, rising over 7 percent to $12.50, while Trina Solar jumped a little under 3.5 percent to $4.21. First Solar saw some minor relief its self, gaining a little under 1.75 percent to $27.51 after a sharp spike and reversal at the open. We expect the solar sector to display continued volatility throughout the trading session today and will keep it on watch.
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