Under pressure
Ardour Solar Index: Anti-dumping decision adds fuel to the sell-off. 1Q12 results provide no consolation for investors.
In May, the Ardour Solar Index gave up another 24% as 1Q12 results failed to provide enough evidence for a near-term recovery. Several solar heavyweights announced 1Q12 results below expectations despite healthy volume trends in the U.S. and Germany. In addition, the May 17 anti-dumping decision also dragged down most constituents in the index. The …
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