This is what a solar shakeout looks like.
We are seeing Q-Cells, a long dominant solar PV module giant, lose money, market share, and face. While Chinese crystalline silicon competitors and more nimble American players make strategic moves to stay relevant and viable — Q-Cells is in a race to catch up, restructure, and survive.
The once high-flying firm now has a market cap of $141.4 million. Here is the sad tale of Q-Cell’s stock situation: