The Solar Industry is Booming, But SolarEdge Stock is Falling—How Should Investors React?

By |2023-12-07T21:01:53+00:00February 15th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stocks in the News|Tags: , , , , |

Although SolarEdge's stock (SEDG) is up nearly 10% in 2023, it took a hit following the release of its fourth-quarter results. Analysts expected fourth-quarter earnings of $1.54 a share on revenue of $880 million, but SEDG outperformed, reporting adjusted earnings of $2.86 a share on $890 million in revenue. This marked a 58% increase [...]