Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of solar-panel components maker STR Holdings
So what: Management warned us a month ago that the second quarter wouldn't look too bright and the stock took a 19% beating on that news. Now the results are in, and almost exactly as good or bad as we were told to expect -- and there goes another run down the gauntlet.
Now what: STR shares have now lost some 39% of their value over a six-week period and trade for just over 8 times trailing earnings. To be fair, that's downright expensive in the solar industry as sector neighbors LDK Solar
Interested in more info on STR Holdings? Add it to your watchlist.