LDK Solar (LDK -6.3%) continues to bleed in the wake of yesterday's Q1 miss, with the help of...

|About: LDK Solar Co., Ltd. (LDK)|By:, SA News Editor

LDK Solar (LDK -6.3%) continues to bleed in the wake of yesterday's Q1 miss, with the help of critical notes from Mirae Asset and Argus. The former points out LDK's Q1 gross margin was a stunning -65.5%, and expects its module sales to suffer from the November implementation of U.S. anti-dumping tariffs. The latter thinks the 2H revenue forecast implied by LDK's full-year guidance is unrealistic, given poor macro conditions.