This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
NEW YORK (
TheStreet) -- Shares of
First Solar(FSLR - Get Report) have never reached $4.00, despite the assertions shown in a vague chart in the latest ad from Mitt Romney that attacks President Barack Obama.
Shares of the solar company were trading Tuesday at $14.49, up 16 cents, or 1.1%, which is above both a 52-week and all-time low of $13.21.
A bar chart in Mitt Romney's latest ad shows a red arrow pointing downwards at share prices of $7.00 and $4.00 as a narrator says, "their stock is near all-time lows."
The stock isn't far off the all-time low it reached last week, and it has sunk 90.7% since hitting a 52-week high last summer of $142.22 a share.
But a $4.00 price for First Solar would put shares of the company down 69.7% from the all-time low.
Romney's campaign has not returned a request for comment about the inaccurate chart.
-- Written by Joe Deaux in New York.
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.