Solar Stocks Lower as DuPont (DD) Notes Dip in Q3 PV Material Volume
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Solar stocks are seeing some pressure Tuesday following third-quarter numbers from diversified chemicals giant DuPont (NYSE: DD) earlier.
DuPont attributed weaker results to volume decline in photovoltaic materials. In total, DuPont's Electronics & Communications segment reported a 28 percent dip in revs in the most recent quarter.
Though its just one segment of one company, DuPoint is always a notable company to cite. Lower on the session today are First Solar, Inc. (Nasdaq: FSLR), SunPower (Nasdaq: SPWR), Suntech Power (NYSE: STP), LDK Solar (NYSE: LDK), and others.
DuPont attributed weaker results to volume decline in photovoltaic materials. In total, DuPont's Electronics & Communications segment reported a 28 percent dip in revs in the most recent quarter.
Though its just one segment of one company, DuPoint is always a notable company to cite. Lower on the session today are First Solar, Inc. (Nasdaq: FSLR), SunPower (Nasdaq: SPWR), Suntech Power (NYSE: STP), LDK Solar (NYSE: LDK), and others.
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