The broad markets moved higher today after Congress agreed to a last-minute compromise to avert the fiscal cliff, with the Dow Jones Industrial Average rallying 2.35%. While analysts expected a compromise would be reached, investors were surprised when the bill extended tax credits for renewable energy and alternative fuels. Perhaps as a result, renewable energy companies were huge winners today, with highly levered firms such as BioFuel Energy soaring 33%. Check out the video below for more alternative-energy market movers.
Investors and bystanders alike have been shocked by First Solar's precipitous drop over the past 12 months, and now the stakes have never been higher for the company. Is it done for good, or ready for a rebound? If you're looking for continuing updates and guidance on the company whenever news breaks, we've created a brand-new report that details every must know side of this stock. To get started, just click here now.
The article Renewable Energy Wins Big originally appeared on Fool.com.
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