Solar Stocks Rebound Despite Canadian Solar Earnings Miss
Canadian Solar Inc (NASDAQ:CSIQ) reported fourth-quarter earnings today, posting a steep loss of 0.03 loss. On the plus side, revenue came in slightly ahead of estimates at 1.64 billion.CSIQ hit a nearly 12-year low of $9.49 on March 13 after a long-term downtrend, exacerbated by tariff uncertainty from the Trump administration. The stock is down 6.4% year-to-date and 43.3% lower on a year-over-year basis. Despite the big earnings miss, h ...