Solar Stocks Sink After SolarEdge (SEDG) Cuts Guidance

Solar stocks are not doing well after SolarEdge (SEDG) cut its guidance. Jeff Pierce discusses this as SEDG says that it “experienced substantial unexpected cancellations” from European distributors. Roth MKM downgraded SEDG to neutral from buy and BofA downgraded the stock to underperform from neutral. Tune in to find out more about the stock market today.

Next Gen Investing

20 Oct 2023

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