Why Canadian Solar Stock Was Tanking on Thursday
Investors were frosty on Canadian Solar (NASDAQ: CSIQ) stock on Thursday after the company published its latest earnings release. Obviously unimpressed by the solar company's performance, those market players were selling off its shares energetically. In mid-session trading, Canadian Solar was down by more than 29%.
Canadian Solar, which reports its financial results in U.S. dollars, booked net revenue of just under $1.22 billion in its fourth quarter of 2025. That was down 18% year over year. On the bottom line, it flipped dramatically to a headline net loss of $86.3 million ($1.66 per share) versus a nearly $9 million profit in the same period of 2024.
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Source Fool.com
