First Solar (FSLR -7.1%) is the worst-performing S&P 500 stock, as Collins Stewart notes the...

|By:, SA News Editor

First Solar (FSLR -7.1%) is the worst-performing S&P 500 stock, as Collins Stewart notes the bad timing for the company's three projects scheduled to receive federal loan guarantees by the end of the month amid the Congressional probe into federal-backed loans for Solyndra and other alt-energy firms. A rejection of loan guarantees to FSLR could have a "material negative impact" on earnings.