First Solar drops 7.5% on China solar export ban report, with 15 downward EPS revisions already in place
First Solar (FSLR) fell 7.49% on April 15 after Reuters reported China is considering restricting exports of advanced solar equipment to the US. The price move reinforces a pre-existing bearish analyst trend: next-quarter EPS estimates had already been cut 15 times in the prior 30 days with zero upward revisions, making the news catalyst land on already-weakened ground.
Supporting 5 queries
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Conclusion
Close $195.20 vs. open $211.00 (−7.49%), volume 3,501,987 shares. 52-week range: $119.09–$285.99 (stock now 31.8% below 52-week high). Next-quarter EPS revisions: 0 up / 15 down in last 30 days (snapshot Apr 16). Reuters China solar export restriction report confirmed (pub_date 2026-04-15).