5 June, 2015 at 7:32 am in Business
First Solar investors have ridden a roller coaster as stock price reached a high of $311 in May 2008, then fell into the $140 range until June 2012, at which point it plummeted to a low of $11 a share. Many factors played into this dramatic drop in value and investors fled from First Solar in 2012, proclaiming the company and the solar mulberry bags outlet industry dead. The stock price has nearly doubled from its $39 price one year ago and now hovers in the $70 range.
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