The drops were the result of what CEO Anton Milner described as a "flood" of canceled and delayed orders.
Not surprisingly, other solar companies with connections to Q-Cell also suffered, such as the and , although Solarfun appeared to be rebounding on Wednesday. But so did other solar companies not directly connected to Q-Cell, such as and .
Ethan Zimbler, Head of North American research for the , sees this as a general trend, and not a worrisome one in the long run . A shortage of polysilicon has the cost of manufacturing solar cells high, but "That bottleneck is about to bust wide open. The prices on solar modules will come down quite a bit. That's a good thing for the world. On the other hand, if you're a shareholder, declining prices and a declining market is what you don't want to see."