First Solar Shares Up Ahead of Memorial Day, With Investors Watching Policy
First Solar Inc. shares closed at $257.85 Friday, up 3.6% on the day and 10.5% for the week, outperforming peers ahead of the Memorial Day market holiday. The stock gained after strong quarterly results, a new India partnership, and reports that U.S. tariffs are boosting domestic solar panel demand. First Solar reported a $347 million first-quarter profit and 47.9 GW contracted backlog through 2030.