Canadian Solar Drops After Loss Exceeds Estimates: Toronto Mover
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Canadian Solar Inc., the Ontario-based solar-panel maker, fell the most in almost five months after reporting a fourth-quarter loss that exceeded analysts’ estimates.
Canadian Solar, which is based in Kitchener and makes panels in China, fell 13 percent to $2.85 at the close in New York, the most since Oct. 17. The shares have gained 7.1 percent this year.