Reports that Netflix is exploring a possible streaming bid and league investment are sending the stock higher. Read More...
Motley Fool
Why SolarEdge Stock Is Soaring Today
Investors pushed the share price of SolarEdge Technologies (NASDAQ: SEDG), a smart energy-technology company, higher today after the company reported third-quarter sales that outpaced Wall Street’s expectations and issued strong fourth-quarter revenue guidance. The company’s CEO, Zvi Lando, said in a press release that “the results reflect extremely strong momentum in Europe where our revenues grew 90% compared to the same quarter last year.” Shareholders were also likely happy that management anticipates continued growth as SolarEdge expands its manufacturing footprint.
