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Tuesday, July 12, 2011

Trina Solar Shares Fall After Audit Chairman Resigns

- Trina Solar Shares Fall After Audit Chairman Resigns



Jul 12, 2011

Trina Solar Limited (NYSE:TSL) shares dropped more than 15% so far today following the company's announcement that their independent director and chairman of the audit, Peter Mark resigned on July 10 to focus on additional personal and professional pursuits.

The company named Jerome Corcoran to replace Mark's role.

Trina Solar has a potential upside of 67% based on a current price of $17.23 and an average consensus analyst price target of $28.77.

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