Fears over muted digital ad spend in a potential 2023 recession and tax-loss selling are leading to declines today. Read More...
Motley Fool
Why Investors Are Selling SolarEdge Stock
Shares of SolarEdge (NASDAQ: SEDG), one of the biggest names in solar-power inverters, tumbled 3.9% through 10:55 a.m. EST on Tuesday as stock markets reopened after the Christmas holidays. You can probably blame Daiwa Securities for that. On Friday, the Tokyo investment bank announced it was initiating coverage of SolarEdge stock with a neutral rating, while initiating coverage of SolarEdge’s biggest rival, Enphase Energy (NASDAQ: ENPH), with an outperform rating, reports StreetInsider.com.
