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6 Alt-Energy and Solar ETFs Rocked By First Solar (FSLR, GEX, TAN, ICLN, KWT, PBW, QCLN)
First Solar Inc. (NASDAQ: FSLR) did not just have a great day. The solar leader managed to have massive upside guidance due to a large project and this was on top of new efficiencies being announced earlier in the day. 24/7 Wall St. wanted to see just how this impacted the clean tech and solar exchange-traded funds (ETFs) with large First Solar positions.
As First Solar surged so much in one day, we cannot help but assume that many investors and traders are going to be looking for which ETFs and other pools of investments that they may have missed. Some will look for short sales and some will look for buying opportunities. That being said, First Solar shares lifted just about anything and everything tied to solar and alternative energy in the realm of ETFs and related shares.
