Solar wafer manufacturer ReneSola (SOL -6.6%) dips after saying Q2 revenue will be below...

|About: ReneSola Ltd. (SOL)|By:, SA News Editor

Solar wafer manufacturer ReneSola (SOL -6.6%) dips after saying Q2 revenue will be below estimates due to declining wafer prices and increasing competition. Revenue is now expected to be in the range of $235M to $245M, less than previous guidance of $280M to $300M.