From Barron's Stocks to Watch:
First Solar (FSLR) was the biggest loser in the S&P 500 Wednesday, but it rebounded today.The math savvy among our readers will immediately know that the 10.8% up-move more than compensates for the 8.4% drop despite starting from a lower base. I had to check a terminal, net-net up 57 cents (1.55%) over the two days.
First Solar rose $3.62, or 10.8%, to $37.19, while the S&P 500 gained 0.99 points, or 0.04%, on Thursday to 2363.81.
First Solar fell yesterday because investors weren’t happy with its fourth quarter, and it got at least one downgrade. However a number of solar stocks were up today; peers SunPower (SPWR), Real Goods Solar (RGSE), JA Solar Holdings (JASO), ReneSola (SOL), Vivnt Solar (VSLR), and JinkoSolar (JKS) were all higher this morning....MORE
Although wild, this behavior is nowhere near what SunEdison was doing during its early 2016 death spiral when 50% moves in either direction were happening.