Solar Stocks Dim

Moresco, Justin
November 2008
Red Herring;11/19/2008, p3
Trade Publication
The article offers information on the performance of shares of solar power companies. Revenue guidance was reduced by Trina Solar and LDK Solar, citing the effect of a tight credit market and losses due to a weakening euro. Cory Garcia, an analyst with Raymond James, expressed that he was surprised at how intense the decline was since investors were already aware of the pressures on the industry. The Dow Jones Industrial Average was down by 2.85%.


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