Shares of Canadian Solar Inc (CSIQ) are trading 15% higher at a price of $45.06 at the time of this writing. The stock's price action is strongly outrunning it's peers on what is quickly becoming a cheery day for the Information Technology sector.

The share price is likely moving in preparation for the upcoming earnings call on August 18.

Canadian Solar Inc has been trading between a 52-week high of $43.14 and a 52-week low of $22.15. The stock has a market cap of $2.7 Billion.

Canadian Solar was founded in 2001 in Canada and is one of the world's largest solar technology and renewable energy companies. It is a leading manufacturer of solar photovoltaic modules, provider of solar energy and battery storage solutions, and developer of utility-scale solar power and battery storage projects with a geographically diversified pipeline in various stages of development. Over the past 19 years, Canadian Solar has successfully delivered over 52 GW of premium-quality, solar photovoltaic modules to customers in over 150 countries.

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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™:

Elon_throwaway - 2 upvotes - source
Csiq (Canadian solar) just beat earnings estimates by over 100% this morning. AND a new bill just allowed for major kickbacks (30%) to anyone who buys solar starting immediately. The stock hasn't moved much yet. Is there any good reason to suspect they aren't about to skyrocket over the next year? Thinking about going in heavy when markets open.

the_black_fox_ - 1 upvotes - source
I’m loaded up on CSIQ calls.

the_black_fox_ - 1 upvotes - source
Just sold my CSIQ calls for a sexy return.

TylerInHiFi - 1 upvotes - source
Get in on solar while it’s still cheap. CSIQ pulling the whole industry up and a good sign for other upcoming earnings.

TylerInHiFi - 1 upvotes - source
Anything sold. CSIQ already took off, but some other earnings coming up so buy the rumour

Plenty-Point4351 - 0 upvotes - source
CSIQ FOR A 600% beat on rev and EPS!!!!