Wednesday, November 2, 2011

First Solar Soars On Takeover Chatter

Shares of First Solar Inc. (NASDAQ: FSLR) soared more than 5% on Wednesday on speculation that the company could be a takeover target. First Solar, Inc. manufactures and sells solar modules using a thin-film semiconductor technology. It also designs, constructs, and sells photovoltaic solar power systems. The company’s solar modules employ a thin layer of semiconductor material to convert sunlight into electricity. Stay tuned for more.

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