NASDAQ:SEDG - Nasdaq - US83417M1045 - Common Stock - Currency: USD
Favorable regulations and incentives may be under threat, but there are signs that the market is warming up.
SolarEdge Technologies (SEDG) concluded the recent trading session at $13.10, signifying a -1.58% move from its prior day's close.
White House freezes $3 trillion in federal funding, sparking legal and political showdown. Industries like education, healthcare, and clean energy at risk.
SolarEdge’s stock price has taken a beating over the past six months, shedding 45.2% of its value and falling to $14.69 per share. This was partly due to its softer quarterly results and may have investors wondering how to approach the situation.
In the most recent trading session, SolarEdge Technologies (SEDG) closed at $14.71, indicating a -1.87% shift from the previous trading day.
Let’s dig into the relative performance of TPI Composites (NASDAQ:TPIC) and its peers as we unravel the now-completed Q3 renewable energy earnings season.
SolarEdge recently announced its fourth layoff in the past 12 months as it looks to trim operating costs. This contributed to Morgan Stanley analysts turning “modestly more positive” on the stock.
These are the stocks posting the largest moves in premarket trading.
SolarEdge had previously laid off 16% of its workforce in November in a bid to trim its operating costs.
S&P 500 futures are getting lift from a report that Trump tariffs may focus narrowly on strategic industries.