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Mid-Day Decliners: (NASDAQ: FB), (NASDAQ: FSLR)


New York, NY -- (ReleaseWire) -- 02/27/2013 --Facebook (NASDAQ: FB) opened at $27.32 and oscillated in the range of $26.63 and $27.32 in the latest trading session. It is currently at $26.91, down 1.77 percent from its previous close of $27.39. Facebook shows netural trend and the stock’s first support level is at $26.75. Upon breaching this level, the stock may touch $26.36. Facebook has traded 23.75 million shares so far and its usual trading volume stands at 65.301 million shares.

Facebook offers social media platform and provides advertising services. The company is based out of Manlo Park in California.

Find out more on FB here:

First Solar Inc. (NASDAQ: FSLR) stock is at $26.29, down 16.17 percent from its previous close of $31.36. The stock shows bearish trend as it made the down move with trading volume of 16.664 million shares, in contrast to the average daily trading volume of 4.842 million shares. Its bearish trend is further confirmed by its MACD chart and the stock may go as low as $26.05 in its coming trading sessions. On the upside, its first resistance level is at $26.45.

First Solar recently received rating downgrade from Baird. The stock was also downgraded by Merrill Lynch services.

Get the latest trend analysis reports on FSLR here:

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Thomas Greene
Wall Street Scoop