JinkoSolar Earnings Soar And Beat, But Stock Falls

By | August 18, 2014

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Chinese solar-panel maker JinkoSolar Holding (JKS) reported Q2 earnings early Monday that topped Wall Street views. JinkoSolar also said that it expects to benefit both from expansion into emerging markets and from the Chinese government’s plan to boost installed solar capacity significantly. But Q2 revenue just barely beat expectations, and JinkoSolar stock was down 2.5% in afternoon trading in the stock market today from such China-based solar Scalper1 News

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