Why First Solar Stock Dived by Almost 18% Today

Many parts of the U.S. were sunny on Tuesday, but that happy situation didn't extend metaphorically to solar energy stocks. Quite a few took major hits that trading session on the latest developments in the legislative sphere. One of the industry's victims was First Solar (FSLR -17.77%), which went dim with a nearly 18% decline in its share price. That decline was far steeper than the 0.8% slip of the S&P 500 index that day.The tax credits might come to an abrupt endPresident Trump's One, Big, Beautiful Bil ...