Yahoo Finance's Julia La Roche sits down with executive chairman and former CEO of Starbucks Howard Schultz
|Bid||51.04 x 100|
|Ask||51.60 x 17500|
|Day's Range||47.50 - 53.00|
|52 Week Range||25.56 - 53.00|
|PE Ratio (TTM)||-11.10|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
First Solar — which makes solar panels primarily for utility-scale projects — closed up 5.4 percent today ending at $51.41, according to Google Finance. The ruling could result in tariffs or other protective actions from U.S. President Donald Trump. First Solar stock is up more than 78 percent or $22.54 since the end of March, according to Google Finance.
Shares of First Solar surged on Friday after a U.S. trade agency ruled that cheap imported solar panels had harmed American manufacturers.
WASHINGTON/LOS ANGELES, Sept 22 (Reuters) - The U.S. International Trade Commission on Friday found that imports of cheap solar panels harmed domestic producers, setting the stage for President Donald Trump to consider imposing tariffs or other relief measures to protect the nation's small solar manufacturing sector. The unanimous decision by all four voting commissioners followed a complaint brought by bankrupt Georgia-based solar manufacturer Suniva Inc in April. In its petition, Suniva said a glut of panels manufactured abroad, mostly in China and other Asian countries, has depressed prices and made it impossible for American producers to compete.