Shares of First Solar Inc. sank Friday after the solar company reported first-quarter earnings that missed expectations, with sales falling to nearly half what they were just three months ago.
The stock FSLR dropped 8.9% in premarket trading, putting it on track to open at an eight-week low. It was also headed for its worst one-day postearnings performance since it tumbled 12.3% after first-quarter 2021 results.
The…
