Solar ETFs Wilt on First Solar CEO Departure
October 25, 2011 at 16:22 PM EDT
Exchange traded funds tracking solar energy stocks fell over 7% on Tuesday after First Solar (NasdaqGS: FSLR) surprised the market with an announcement that its chief executive is leaving. Guggenheim Solar ETF (NYSEArca: TAN) and Vectors Solar Energy (NYSEArca: KWT) have 12.3% and 9.1% in the...