Solar Stocks Fall As Edison's Shares Plunge

Shares of several solar companies posted steep losses Tuesday in sympathy with steep falls for shares of SunEdison and SunEdison's yieldcos, TerraForm Power Inc. and TerraForm Global Inc. , after mixed third-quarter results. Top decliners included Canadian Solar Inc. , First Solar Inc. , and SunPower Corp. Canadian Solar reported better-than-expected results earlier Tuesday but markets seemed to discount that. Canadian Solar reported adjusted earnings of 79 cents a share; analysts polled by FactSet had expected adjusted EPS of 29 cents a share.