Here's why early solar stocks are moving

First Solar, Inc. FSLR shares are trading down 4.65% at $146.47 during Monday's session.

Shares of clean energy companies are trading lower ahead of this week's midterm elections. Potential Republican victories in key House and Senate races could change the makeup of Congress and hamper the Biden administration's clean energy policies.

As of press time and according to election simulations by FiveThirtyEight, simulated 40,000 times to see which party wins the Senate most often, Republicans have a 55% chance of taking control of the US Senate and an 83% chance of taking control of the US House.

According to data from Benzinga Pro, FSLR has a 52-week high of $161.64 and a 52-week low of $59.60.

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Business Nov 7, 2022 0 43 Add to Reading List

Here's why early solar stocks are moving

First Solar, Inc. FSLR shares are trading down 4.65% at $146.47 during Monday's session.

Shares of clean energy companies are trading lower ahead of this week's midterm elections. Potential Republican victories in key House and Senate races could change the makeup of Congress and hamper the Biden administration's clean energy policies.

As of press time and according to election simulations by FiveThirtyEight, simulated 40,000 times to see which party wins the Senate most often, Republicans have a 55% chance of taking control of the US Senate and an 83% chance of taking control of the US House.

According to data from Benzinga Pro, FSLR has a 52-week high of $161.64 and a 52-week low of $59.60.