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Canadian Solar, Inc. engages in the manufacture of solar photovoltaic modules and a provider of solar energy solutions. It operates through the Module and System Solutions (MSS), and Energy segments. Read More The MSS segment involves in the design, development, manufacture, and sales of solar power products and solar system kits, and operation and maintenance services. The Energy segment comprises of solar project development and sale; engineering, procurement and construction; and development services, operating solar power projects, and sales of electricity. The company was founded by Shawn Qu in October 2001 and is headquartered in Guelph, Canada.
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Why Solar Stocks Are Getting Pummeled
The last week has been rough for solar manufacturers, particularly those with operations based in China. Canadian Solar (NASDAQ:CSIQ) reported earnings and guidance that left a lot of investors disappointed because it sees solar panel prices dropping in 2019. It looks like once again the solar industry is in for falling margins and weak profitability, a trend it can't seem to escape. Some of what we saw in the last week is predictable and some figures are part of a long-term trend. But that might be exactl...
Canadian Solar (CSIQ) Dips More Than Broader Markets: What You Should Know
Canadian Solar (CSIQ) closed the most recent trading day at $18.50, moving -1.33% from the previous trading session. In the latest trading session, Canadian Solar (CSIQ) closed at $18.50, marking a -1.33% move from the previous day. This move lagged the S&P 500's daily loss of 0.08%. At the same time, the Dow added 0.06%, and the tech-heavy Nasdaq lost 0.07%. Heading into today, shares of the solar wafers manufacturer had lost 15.46% over the past month, lagging the Oils-Energy sector's loss of 0.37% and ...
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