REDDIT
First Solar (FSLR) with 10% short interest, just released earnings with EPS 43% above expectations
A week ago i told you about RingCentral (https://www.reddit.com/r/smallstreetbets/s/RWtYpphtye) and stock went up 50% in one week.
**Heres another one:**
First Solar just released earnings yesterday after market close and EPS was 43% above expectations ($3.92 compared to $2.74).
There's demand by Hyperscalers, too. Company has $1.73B in cash and almost no debt ($37.6M).
Stock sits around $200, while half of it is already Tangible Book Value, and while they made $1.75B in net income last twelve months.
Lets see how short seller will react to that.
I think theres a good chance share prices moves up next couple of days and weeks.