First Solar Inc. Stock Climbs 10.3%, Outperforms Peers

Dow Jones08-04

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of First Solar Inc. surged 10.3% to $232.73 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.5% to 7,600.50 and the Dow Jones Industrial Average rising 1.3% to 53,178.41.

This was the stock's third consecutive day of gains.

First Solar Inc. closed 27.5% short of its 52-week high of $320.95, which the company reached on June 3rd.

The stock outperformed some of its peers, as SolarEdge Technologies Inc. rose 9.5% to $45.12, Hubbell Inc. rose 0.7% to $476.04, and Sunrun Inc. rose 6.32% to $10.43.

Trading volume totaled 5.1 million, compared to the 50-day average of 2.3 million.

Data source: Dow Jones Market Data, FactSet

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