Stock Movers: Solar Sells Off Despite U.S.-China Pact

By | November 12, 2014

Scalper1 News

Pres. Barack Obama and Chinese Pres. Xi Jinping jointly announced a coordinated effort to cut carbon dioxide and other gases, but Canadian Solar (CSIQ) shares fell on disappointing sales guidance, driving other solar stocks down. Canadian Solar said that its third-quarter earnings more than tripled to $1.75 per share, crushing estimates for $1.16. Revenue roughly doubled to $914.4 million, topping views for $803.2 million. But shares fell more Scalper1 News

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