The Portnoy Law Firm said it has opened an investigation into possible securities fraud at First Solar and may file a class action on behalf of investors. First Solar shares fell $33.09, or 13.61%, to close at $210.12 on Feb. 25, 2026, after the company reported fourth-quarter and full-year 2025 results and lowered its FY 2026 revenue guidance. The firm linked the stock drop to an earnings miss and cited management comments about permitting delays affecting customers. The announcement also referenced a Baird Research downgrade from Outperform to Neutral following the updated outlook.
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