FSLR INVESTOR ALERT: Bronstein, Gewirtz and Grossman, LLC Announces an Investigation into First Solar, Inc. and Encourages Investors to Contact the Firm

Core Insights - First Solar, Inc. is currently under investigation for potential claims related to its securities following a downgrade in earnings expectations by Jefferies analysts [2] Group 1: Earnings Expectations - Jefferies analysts have lowered their expectations for First Solar's third-quarter results, anticipating a slight miss due to lower volume compared to consensus [2] - Volume estimates for 2025 and 2026 have been reduced by 8% and 4% respectively, which is below the company's guidance for 2024 [2] Group 2: Stock Performance - Following the downgrade by Jefferies, First Solar's stock price experienced a significant decline, falling by $21.01 per share, or 9.29%, closing at $205.04 per share on October 10, 2024 [2] Group 3: Investigation Details - The investigation is focused on potential delays, the impact of Antidumping and Countervailing Duties on module pricing, and the strategy regarding selling excess Indian capacity into the U.S. market [2]