First Solar (FSLR) is down 5.2% after disclosing the head of its Utility Systems Business Group...

|By:, SA News Editor

First Solar (FSLR) is down 5.2% after disclosing the head of its Utility Systems Business Group will be leaving. Utility sales are seen as a major growth opportunity for First Solar, whose panels aren't ideal for residential deployments. Meanwhile, Goldman is removing the company from its Conviction Buy list, citing "near-term uncertainty" in solar.