Consolidation continues
Ardour Solar Index: The index closes 2011 near the 52-week low. Taiwanese component manufacturers post double-digit stock price gains.
In December, the Ardour Solar Index slipped another eight percent as investors continued to unload shares in anticipation of a prolonged period of weak fundamentals. The index was impacted by the issuance of weak 2012 guidance by industry heavyweight First Solar, which was well below analyst estimates. Insolvencies and consolidation continued to make headlines, with …
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