Solar Stocks Active on Reports of US Duties on Chinese Firms

The solar stocks have been active this afternoon after Reuters reported that the United States has set preliminary duties on solar cells and panels from China. According to the sources the duties range from 2.9% to 4.73%. As a result, First Solar FSLR spiked higher, but the stock has lost most of its gains. Also, JinkoSolar Holding JKS and JA Solar Holdings JASO are trading higher on the news.