First Solar Benefits from Intersect Partnership

29 days ago

Natalyia Nejvich

"Yes. So, First Solar, the ticker is FISLR. Shares are up by 6.5%, one of the biggest and highest intraday moves since June 2024. This is after Alphabet agreed to buy clean energy developer Intersect Power. Of course, it will help the company to get more access to electricity. The reason why First Solar is up today is because Intersect, one of its biggest clients, is tied to a contract running from 2025 to 2029. So, it is a big beneficiary of this deal and trade right now."

The insight highlights First Solar (FISLR) as a primary beneficiary following Alphabet's acquisition of Intersect Power. With the longstanding contract from 2025 to 2029, the commentary underlines why the stock is experiencing significant intraday gains and suggests an actionable trading opportunity.

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