FSLR shares ran up 10% today. Lets find out what's happening:

First Solar Inc (FSLR) is trading 10% higher at $97.52 today.

The stock is joining several peers in the clean energy space surging on forward progress in the inflation reduction act as Senators Chuck Schumer and Joe Manchin find some middle ground. The bill still has to pass through congress, but it would be a windfall in tax credits for solar, wind and battery companies.

The stock's price target has been raised by several entities after the positive news.

First Solar Inc has been trading between a 52-week high of $123.13 and a 52-week low of $59.6. The stock has a market cap of $10.4 Billion.

First Solar is a leading global provider of comprehensive photovoltaic (PV) solar solutions, which use its advanced module and system technology. The company's integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. From raw material sourcing through end-of-life module recycling, First Solar's renewable energy solutions protect and enhance the environment.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

sixplaysforadollar - 1 upvotes - source
FSLR could do some weird things. they had a huge overnight pump with rest of the solar sector. only a few strikes left on the weeklies with earnings tonight i would love to see another blast off day

Various-Issue-1814 - 1 upvotes - source
FSLR calls, they report earnings this afternoon

themasteromod - 1 upvotes - source
It will haunt me forever selling those 95$ 0dte calls on FSLR for .25 this morning fuckkkk

drmrcurious - 0 upvotes - source
No one gives a shit about FSLR?